The England Illegal Money Lending Team has funding available for groups that want to raise awareness of the issues of illegal money lending.

The money available has come from the proceeds of crime taken from convicted illegal money lenders. Illegal Money Lenders, more commonly known as Loan Sharks, lend money without having the correct permissions from the Financial Conduct Authority. They often give cash loans out without any paper work and want double the amount back or charge extortionate interest rates.

When you struggle to make repayments they may use violence, threats and intimidation, to ensure you keep paying them. The aim of this funding is to give groups the opportunity to raise awareness of the issue, in their community in a different way.

Please note that the application period is open till 30th June 2018, so please ensure you have your applications submitted by then and please pass on to any of your contacts whom you feel may want to apply. Any questions  about the above, please just ask.

Please note: If you are part of a Credit Union, we have a separate Proceeds Of Crime fund that you can apply for – just let us know if you are interested and we’ll give you details.

To request details about how to apply please email [email protected]

TO REPORT A LOAN SHARK TELEPHONE 0300 555 2222

OR TEXT 07860022116

Say hello to us on Twitter - @stoploansharks

Follow us on facebook - www.facebook.com/stoploansharksproject

View our latest newsletter at www.stoploansharks.uk

View our films on You Tube:  http://www.youtube.com/user/StopLoanSharks

Access our free educational resource packs: www.stoploansharks.uk/for-education

The IMLT are hosted by Birmingham City Council

Place Directorate