Who We're - England Illegal Money Lending Workforce

The England Unlawful Money Lending Staff (IMLT) was arrange in 2004. Initially created as a pilot scheme in Birmingham to analyze mortgage sharks it had such an influence on illegal cash lending it acquired additional authorities funding.

In the present day the England IMLT investigates and prosecutes illegal cash lenders whereas supporting these who have borrowed money from a mortgage shark.  ソフト闇金バルーンの公式サイト  Lending Teams in Scotland and Wales guarantee the entire UK is working to cease mortgage sharks.

Each staff is comprised of specialist investigators and Liaise Officers who've beforehand worked for the police, buying and selling requirements, and debt advice providers. Collectively the investigators and Liaise Officers work to prosecute illegal money lenders whereas supporting people who owe money to a mortgage shark

The England IMLT work as Stop Mortgage Sharks inside local communities, within training, and with associate companies together with the police. Since 2004, the England IMLT have supported over 30,000 people and written off over £87 million value of unlawful debt.

It's estimated that there are 310,000 people in debt to unlawful cash lenders in the UK. The Illegal Cash Lending Teams inside the UK work to raise awareness of what illegal 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 investigate those working inside the patron credit score market without the suitable authorisation.

In 2016 the federal government legislated to introduce an business levy to fund the exercise of the groups and to take motion against illegal lending. The service is governed and overseen by the FCA and HM Treasury.


How We Work With Education and Associate Businesses
The England IMLT work closely with training suppliers and companion agencies such because the police, housing associations, and debt recommendation companies. Investigating and prosecuting loan sharks is a crucial part of the England IMLT’s work and is combined with awareness raising of the problems and issues that unlawful money lending causes.

The Stop Loan Sharks team have developed a spread of free education sources, free companion tools, and will also ship free in-house coaching for companion agencies and the police. Discover our website for extra information on these resources or electronic mail [email protected] or call 07500 809339 to learn how we can show you how to.