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JULY 2011 - Stoke-on-Trent City Council

JULY 2011 - Stoke-on-Trent City Council

JULY 2011 - Stoke-on-Trent City Council

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20 Our <strong>City</strong> <str<strong>on</strong>g>JULY</str<strong>on</strong>g> <str<strong>on</strong>g>2011</str<strong>on</strong>g>MONEYmattersC<strong>on</strong>tactsfor helpand debtadviceFOR more informati<strong>on</strong>about managingfinances or dealing withdebt log <strong>on</strong>tostoke.gov.ukOther useful c<strong>on</strong>tactsinclude:Nati<strong>on</strong>al Debtlinewww.nati<strong>on</strong>aldebtline.co.uk 0808 808 4000 –free independent advice.Payplanwww.payplan.com0800 716239 – for debtcalculating, debtsoluti<strong>on</strong>s and budgeting.Shelterwww.shelter.org.uk0808 8004444 – housingadvice, including rentand mortgage arrearsrepossessi<strong>on</strong>s andevicti<strong>on</strong>.Turn 2 Uswww.turn2us.or.uk0808 802 2000 – offersbenefits advice anddetails of grant-givingcharities.Financial ServicesAuthoritywww.m<strong>on</strong>eymadeclear.fsa.gov.uk – interactivetools for budgeting andborrowing, informati<strong>on</strong>and leaflets.Supportavailable<strong>on</strong> housingHELP is available forpeople who need adviceand support abouthousing issues.The city council’sHousing Soluti<strong>on</strong>s Serviceteam can answer queriesin relati<strong>on</strong> to a range ofissues from mortgageproblems to debt orarrears.The service worksclosely with the CitizensAdvice Bureau,Staffordshire Credit Uni<strong>on</strong>and colleagues across theWest Midlands to helppeople stay in theircurrent home despitefinancial problems.For more informati<strong>on</strong>c<strong>on</strong>tact the service <strong>on</strong>01782 233696 or emailhousing.advice@stoke.gov.ukTraining prepares partners to fightillegal lending racketsSPECIALIST training has beentaking place as the city council andpartner agencies in <str<strong>on</strong>g>Stoke</str<strong>on</strong>g>-<strong>on</strong>-<strong>Trent</strong>target loan sharks.Up to eight awareness sessi<strong>on</strong>s <strong>on</strong> illegalm<strong>on</strong>ey lending will have been staged by the endof August for more than 100 people.Fr<strong>on</strong>tline council employees from servicesincluding revenue and benefits, housing andsocial care have all taken part.Third sector partner organisati<strong>on</strong>s includingGingerbread, ARCH and Rethink also joined inas well as representatives from housingLOAN shark victims across<str<strong>on</strong>g>Stoke</str<strong>on</strong>g>-<strong>on</strong>-<strong>Trent</strong> are being remindedthey do not have to suffer in silence –specialist investigators working inpartnership with the city council canhelp.The England Illegal M<strong>on</strong>ey LendingTeam is based in Birmingham, but,working in partnership with localTrading Standards, is <strong>on</strong> hand to dealwith any complaints and casesreported by people in the city.The team works al<strong>on</strong>gside TradingStandards Officers at the council andsupports other agencies like housingassociati<strong>on</strong>s, credit uni<strong>on</strong>s,associati<strong>on</strong>s, Staffordshire Police andStaffordshire Fire and Rescue Service.The training, delivered by the BirminghambasedIllegal M<strong>on</strong>ey Lending Team, wasdesigned to help those taking part to better spotthe symptoms of illegal m<strong>on</strong>ey lending andsignpost victims to support services.Designed to help every<strong>on</strong>eThe idea for the sessi<strong>on</strong>s came from the city’sFinancial Inclusi<strong>on</strong> Group and were organisedby the city council’s Executive Support ManagerAnnette Lees. She said: “The two-hour sessi<strong>on</strong>swere designed to help every<strong>on</strong>e taking part spotStaffordshire Police, the CitizensAdvice Bureau and other debt adviceservices to tackle illegal lendingactivity.T<strong>on</strong>y Quigley, Head of the EnglandIllegal M<strong>on</strong>ey Lending Team, said:“People turn in desperati<strong>on</strong> to loansharks. Quite often loan sharks startout friendly but their behaviourchanges if a payment is missed.“There’s mostly little or no paperwork involved, they refuse to tell theborrower the interest rate, how muchthey owe or how l<strong>on</strong>g they’ll bepaying back.“They even take items likepassports or bank cards as security.“We’ve seen cases where theannual percentage rate (APR )rose ashigh as 131,000 per cent.“Sometimes the lenders resort toextreme methods to reclaim theseillegal debts, such as violence orblackmail.“Remember debts are illegal andnot enforceable through the courts.”The Illegal M<strong>on</strong>ey Lending Teamsinvestigate and prosecute illegallending and any related activity,which can include threateningbehaviour, violence, intimidati<strong>on</strong>,drug offences, kidnap and even rape.ExecutiveSupport ManagerAnnette Lees withposters which warnthe public not to getbitten by a loanshark.the signs when speaking to customers andclients so they could then offer them supportand signpost them to investigators.“It was by invitati<strong>on</strong> <strong>on</strong>ly but still massivelyover subscribed so we organised an extra sessi<strong>on</strong>for August.“In these tough times, the vulnerable are moreat risk from loan sharks than ever before so itsvital we do all we can to prevent them fromfalling into the clutches of sometimes dangerouspeople.“This training means another 100 peopleinvolved in fr<strong>on</strong>tline services now have theknowledge to intervene and offer help.”Special investigators can bite back at loan sharksThe teams are making a difference.Latest nati<strong>on</strong>al figures show theyhave helped 16,000 victims andprosecuted at least 190 people.Those cases have resulted in jailsentences totalling 107 years.● A 24-hour a day, seven day aweek c<strong>on</strong>fidential hotline has beenset up so people can report illegallending. You can speak to a trainedinvestigator by calling 0300 5552222. You can also text ‘loan shark’plus your message to 60003 oremail reportaloanshark@stoploansharks.gov.uk

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