Beat the Loan Sharks - Bite Back!

Events - Wales

Starting 17 Apr 2024 - 10:00 through to 17 Apr 2024 - 11:30

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Learn about the impacts of illegal money lending on vulnerable people and understand how to support victims.

This session is being delivered by Stop Loan Sharks Wales in collaboration with the Money Guiders Wales Network.

An information session explaining the work of Stop Loan Sharks Wales, giving Money Guidance practitioners the confidence to identify signs that their service users may have been targeted by loan sharks and how best they can support them.

About

Not always violent criminals, loan sharks can seem friendly and helpful. They can be a small lender taking advantage of friends or family, a rogue landlord or employer, a work colleague, we’ve even come across a loan shark operating in a church group.

Since 2008, we’ve supported hundreds of people who have suffered as a result of this crime and written off hundreds of millions of pounds in illegal debt.

Log on to hear how victims fall prey to loan sharks with a session explaining the work of Stop Loan Sharks Wales and the tactics of loan sharks.

The session aims to provide:

  • A greater awareness of the impacts of illegal money lending on vulnerable people.
  • Information on where to seek expert help and advice.
  • Confidence to identify signs of people targeted by loan sharks.
  • Myth-Busting case studies.
  • Guidance for supporting victims.

Competency Framework match:

  • Tier 1. Knowing your customer
  • Tier 3. Borrowing

This session will be delivered in English. If you require any accessibility adjustments to access this session, please contact the session organiser on money.guiders.wales@maps.org.uk.

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