East Sussex Credit Union receives award from Illegal Money Lending Team for Anti-Loan Shark tour

By Patrick Thorpe posted 12-07-2019 14:54:09


East Sussex Credit Union has received national recognition from the Illegal Money Lending Team (IMLT) and have been rewarded as ‘Highly Commended in the in the Stop Loan Sharks Champion Awards of 2019’.

The award was presented by, Dave Benbow, Manager of the IMLT who recently visited ESCU’s Head office in Hove Town Hall, along with one of the Stop Loan Sharks mascots, Glenda the Lender.

After reviewing hundreds of projects and initiatives, IMLT chose ESCU’s self-funded anti-loan shark road show which involved going into community centres and schools in the county to teach adults and children of all ages about the dangers of loan sharks.

IMLT were impressed by the impact the project had in its community, how it was designed and delivered was beneficial to ESCU. The IMLT will fund a Stop Loan Sharks project with ESCU this year where they will be delivering the anti-loan shark message at several Pride events in the county.

“Following our very successful tour last autumn with Sid the Shark, we are thrilled to have been awarded a grant from the Illegal Money Lending Team’s Community Fund so we can spread the ‘Stop Loan Sharks’ message at Pride events throughout our communities this summer,” says Business Development Manager at ESCU, Emma Brown.

“This time we’ll be taking ‘Glenda the Lender’ round to meet people and talk to them about recognising a loan shark and how to report them,” Emma added.

ESCU will be promoting its new project at the following events:

Worthing Pride, Beach House Grounds, Worthing 13th July 1pm - 10pm

Disability Pride on Hove Lawns, Hove 14th July 11am - 6pm

Eastbourne Pride, Princes Park Field, Eastbourne 20th July 11.30am - 6pm

Brighton Pride 2nd & 3rd August (exact location tbc!)

The England Illegal Money Lending Team work as Stop Loan Sharks within local communities, within education, and with partner agencies including the Police. Since 2004, the England IMLT have supported over 29,000 people and written off over £74.9 million worth of illegal debt.

It is estimated that there are 310,000 people in debt to illegal money lenders in the UK. The illegal Money Lending Teams within the UK work to raise awareness of what illegal money is while investigating and prosecuting loan sharks.