Barking and Dagenham launches drive to kick out loan sharks
A new drive to kick out loan sharks from the borough is being launched by the council.
Loan sharks are illegal money lenders who charge extremely high interest rates, often targeting vulnerable people.
Barking and Dagenham council has joined up with a team from Birmingham City Council that is being funded by the government to investigate loan sharks and pursue prosecutions.
The four objectives of the partnership are to assess the scale of the problem here, change the perception that loan sharks are rarely prosecuted, give support to victims and encourage victims to come forward.
Anyone can report a loan shark by email firstname.lastname@example.org, calling 0300 555 2222 or visiting facebook.com/stoploansharkproject.
Cllr Jeanne Alexander, cabinet member for crime, justice and communities, said: “Illegal loan sharks are a blight on communities, targeting people when they are at their most vulnerable. Their extortionate interest rates and intimidatory behaviour creates misery and fear in the places they target.
“The sooner we can rid Barking and Dagenham of loan sharks the better.”
- 1 Barking MP Margaret Hodge 'will not stand' in next general election
- 2 Homophobia ruled out for jury in Stephen Port victims’ inquests
- 3 ‘He put his life into family’: Tributes paid to former builder who died of Covid
- 4 Travel: What to watch out for across Havering, Redbridge and Barking and Dagenham
- 5 There With You This Winter: Mayor offers £51m of funding for fuel poverty
- 6 Barking cash and carry boss jailed for five years for money laundering
- 7 Barking was Britain's ninth most used station in 2020/21, figures show
- 8 Members of Mali Boys gang jailed for supplying Class A drugs into Essex
- 9 Strike action will hit Central and Victoria line Night Tube services this weekend
- 10 Things to do in east London this weekend