20 November 2017   |  Last Updated 18-12-2014 11:05

      Tuesday 16, December 2014

      Council warns residents against illegal lenders this Christmas

       

      SALFORD City Council is warning residents against borrowing money and taking out loans from illegal lenders and loan sharks this Christmas.

      Figures published last week show that the Salford is one of the most in-debt places in the country coming fourth as the worst place for debt in England. The National Citizens Advice found that one in every 200 people in Salford are getting advice and help from their local services for serious debt problems.

      A shark mascot has been touring the city to help raise awareness to residents and highlighting the various ways loan sharks are trying to trick you into paying out thousands of pounds.

      The council blocked access to many lending websites last year in Salford libraries and other council buildings. These websites can charge up to 4,000 per cent interest.

      Salford Citizens Advice Bureaux have already dealt with 8,000 debt cases this year and these are thought to rise in the run up to Christmas.

      Tom Togher, Salford Citizens Advice’s chief executive said “It’s not surprising that Salford is one of the worst places for people facing serious debt problems. People are really struggling to make ends meet at the moment, and we think things are only going to get worse.”

      For help from the Citizens Advice Service in Salford phone the Money Advice Team on  0161 737 3371, or email@salford.cabnet.org.uk, or for information about your local office check their website.


      By Ellie Bryan

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