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Campaign to tackle loan sharks launched

A scheme aimed at tackling illegal money lenders launches today. The 'Don't Get Bitten' campaign is a joint project between Community Housing Cymru (CHC) and the Wales Illegal Moneylending Unit (WIMLU)

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Loan sharks 'use fear and intimidation' for business

A campaign launched between Community Housing Cymru (CHC) and the Wales Illegal Moneylending Unit (WIMLU) aims to find solutions to the problem of illegal money lenders.

"Many loan sharks have operated with impunity and used fear and intimidation to carry on their business. Our figures reveal that 75 per cent of people who use loan sharks are on benefits and 65 per cent of victims are women. We also find 40 per cent of victims have some form of mental or physical disability with a shocking 46 per cent considering the loan shark a friend."

– Stephen Grey, WIMLU

The campaign is being supported by The Archbishop of Wales Barry Morgan, Assembly Minister for Communities and Tackling Poverty Jeff Cuthbert AM and Sian Williams of Toynbee Hall.

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Campaign to tackle loan sharks launched

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