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Stop Loan Sharks Community Funding 2018

Stop Loan Sharks Community Funding 2018

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. There are some links you might find useful:

This year the IMLT want to actively encourage projects and initiatives that are different from the rest and will leave a legacy in the communities they are delivered in.

See the application form below for more information and for details of how to apply:

Stop Loan Sharks Community Fund application form A 2018 (docx)

If you’ve got what it takes and your project meets all of their aims, then please complete this application form and return it electronically to: David.A.Benbow@birmingham.gov.uk or post hard copy to Dave Benbow, IMLT, PO Box 12971, B33 0TD.

Please note the closing date for applications is 30th June 2018.

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