Who We're - England Unlawful Cash Lending Team
The England Unlawful Cash Lending Group (IMLT) was set up in 2004. Initially created asin Birmingham to analyze mortgage sharks it had such an impact on illegal cash lending it received further authorities funding.
Immediately the England IMLT investigates and prosecutes unlawful cash lenders while supporting those who have borrowed money from a mortgage shark. Unlawful Cash Lending Teams in Scotland and Wales ensure the entire UK is working to stop loan sharks.
Every crew is comprised of specialist investigators and Liaise Officers who have beforehand worked for the police, buying and selling requirements, and debt advice services. Together the investigators and Liaise Officers work to prosecute illegal cash lenders whereas supporting people who owe cash to a mortgage shark
The England IMLT work as Stop Loan Sharks within native communities, within training, and with associate agencies including the police. Since 2004, the England IMLT have supported over 30,000 people and written off over 87 million worth of unlawful debt.
It is estimated that there are 310,000 folks in debt to illegal cash lenders within the UK. The Unlawful Money Lending Teams within the UK work to raise awareness of what unlawful money is whereas investigating and prosecuting loan sharks.
Unlawful Money Lending Groups and the Financial Conduct Authority
The Unlawful Cash Lending Groups in England, Scotland and Wales work alongside the Financial Conduct Authority (FCA) to research those working inside the consumer credit score market with out the appropriate authorisation.
In 2016 the federal government legislated to introduce an trade levy to fund the exercise of the groups and to take motion against unlawful lending. The service is governed and overseen by the FCA and HM Treasury.
How We Work With Education and Accomplice Companies
The England IMLT work closely with schooling providers and accomplice businesses such because the police, housing associations, and debt advice providers. Investigating and prosecuting mortgage sharks is an important a part of the England IMLTs work and is combined with awareness elevating of the problems and points that illegal money lending causes.
The Cease Loan Sharks staff have developed a spread of free schooling assets, free companion instruments, and will also deliver free in-home training for associate companies and the police. Discover our website for extra information on these resources or e-mail [email protected] or name 07500 809339 to learn how we can provide help to.
Immediately the England IMLT investigates and prosecutes unlawful cash lenders while supporting those who have borrowed money from a mortgage shark. Unlawful Cash Lending Teams in Scotland and Wales ensure the entire UK is working to stop loan sharks.
Every crew is comprised of specialist investigators and Liaise Officers who have beforehand worked for the police, buying and selling requirements, and debt advice services. Together the investigators and Liaise Officers work to prosecute illegal cash lenders whereas supporting people who owe cash to a mortgage shark
The England IMLT work as Stop Loan Sharks within native communities, within training, and with associate agencies including the police. Since 2004, the England IMLT have supported over 30,000 people and written off over 87 million worth of unlawful debt.
It is estimated that there are 310,000 folks in debt to illegal cash lenders within the UK. The Unlawful Money Lending Teams within the UK work to raise awareness of what unlawful money is whereas investigating and prosecuting loan sharks.
Unlawful Money Lending Groups and the Financial Conduct Authority
The Unlawful Cash Lending Groups in England, Scotland and Wales work alongside the Financial Conduct Authority (FCA) to research those working inside the consumer credit score market with out the appropriate authorisation.
In 2016 the federal government legislated to introduce an trade levy to fund the exercise of the groups and to take motion against unlawful lending. The service is governed and overseen by the FCA and HM Treasury.
How We Work With Education and Accomplice Companies
The England IMLT work closely with schooling providers and accomplice businesses such because the police, housing associations, and debt advice providers. Investigating and prosecuting mortgage sharks is an important a part of the England IMLTs work and is combined with awareness elevating of the problems and points that illegal money lending causes.
The Cease Loan Sharks staff have developed a spread of free schooling assets, free companion instruments, and will also deliver free in-home training for associate companies and the police. Discover our website for extra information on these resources or e-mail [email protected] or name 07500 809339 to learn how we can provide help to.
