News article
Stop Loan Sharks Community Funding Available for 2018
13/04/2018
The England Illegal Money Lending Team is making funding available again this year for community groups that want to raise awareness of the issues of illegal money lending.
The England Illegal Money Lending Team (IMLT) was set up in 2004. Initially created as a pilot scheme in Birmingham to investigate loan sharks it had such an impact on illegal money lending it received further Government funding. The IMLT work as Stop Loan Sharks within local communities, within education, and with partner agencies, such as the police, housing associations and debt advice services. In the last 14 years, the team has supported more than 25,000 people and written off over £63.5 million of debt in England alone. The IMLT also works in Wales and Scotland.