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BHT Gets Ready for St Leonard’s Loan Shark Event

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23Jul

BHT is preparing for a drop in event in St Leonard’s to raise awareness of the dangers of borrowing money from loan sharks.

The housing and homelessness charity is hosting the event on the 28th July from 11:00am – 2:00pm to offer people a chance to talk to the Illegal Money Lending Team, BHT advisers and the Hastings and Rother Credit Union about their financial worries or concerns they may have of loan shark activity.

There will also be a raffle with a variety of prizes including family tickets to the Blue Reef Aquarium which were kindly donated by the Blue Reef Aquarium team.

The drop event will be held from 11:00am – 2:00pm at The Advice & Community Hub, Renaissance House, London Road, St Leonards on Sea, TN37 6AN. Everyone is welcome.

Loan Sharks are circling our town.

Hastings has a lot of characteristics that have made it a target to loan sharks.

Thousands of people work on zero hour contracts in the town and thousands more earn just the minimum wage.

Over 380 landlord possession claims were made to the County Court last year – that’s at least one possession claim every day and over 80 mortgage possession claims were made to the County Court last year.

We are working hard to raise awareness of the dangers of loan sharks and want to show people that there are other financial alternatives.

Loan sharks will typically appear friendly at first but their behaviour can quickly change with some resorting to threats, violence and intimidation to enforce their debts.

Loan sharks will often target people who are on low incomes, as well as those who may struggle to obtain credit from legitimate sources. We want our event to reach out to these people and make them aware of the support that is available.

Jo Wilson, Hastings Legal Advice Centre

To report a loan shark:

Call the 24/7 confidential hotline 0300 555 2222

Text ‘loan shark + your message’ to 60003

Email reportaloanshark@stoploansharks.gov.uk

Private message us on www.facebook.com/stoploansharksproject

You can follow the Illegal Money Lending Team on twitter @loansharknews

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