This week sees a series of events to help warn people about the dangers of loan sharks throughout Medway and the Hoo Peninsula.
Medway Council’s Trading Standards Team and The England Illegal Money Lending Team will be warning local people to turn away from illegal money lenders and encouraging anyone who has fallen into a loan sharks trap to speak out.
The officers and Illegal Money Lending Team’s mascot ‘Sid’ the Shark will be out and about this week (w/c 24 Sept).
They are in Strood Market today (Tuesday), at Rainham Shopping Centre on Wednesday (26 Sept), Chatham High Street on Thursday (27 Sept) and in and around the Luton area on Friday (28 Sept).
The stands will also offer advice on how to spot a loan sharks and where to turn if loan sharks are operating.
Medway Council Portfolio Holder for Community Safety and Customer Contact Cllr Mike O’Brien said: “These Loan sharks prey on the vulnerable members of our community that have been forced, through no fault of their own, into accepting a short term solution which quickly turns into a long term nightmare.
“Loan sharks often resort to intimidation and violence when these predatory loan deals go sour and the victims need to know there is support available. The England Illegal Money Lending Team are experts in investigating and preventing these individuals from ruining lives, and they work closely with trading standards to gather evidence to prosecute offenders.
“It is time that the community in Medway started helping each other and fighting this problem together. That is what this new campaign is about.”
To a report a loan shark:
Call the 24/7 hotline on 0300 555 2222
Text ‘loan shark + your message’ to 60003
Email; From Here

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