Tuesday 30 September 2014

Meeting will raise issue of loan sharks

Published 23/04/2013 | 05:40

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Man at desk in shirt and tie holding his head and worrying about money.

BEWARE THE ruthless loan sharks.

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They are now in every neighbourhood and village in County Sligo.

He – or she – is the 'friendly' foe who always seems to turn up just at the 'right' time.

But once in the illegal money lender's cruel clutches, it's almost impossible to escape.

Despite the horror and trauma inflicted, not much is being done to combat it.

One local group is, however, has remained resolute in highlighting the problem and searching for solutions

It's CAILM (Communities Against Illegal Lending of Money).

CAILM's next event is a meeting on Monday, April 29th at 3pm in County Hall, Riverside.

A spokesperson for CAILM said: "The purpose of the meeting is to detail for politicians the problem of illegal money-lending."It will also raise the issue of the need for a strengthened enforcement and prosecutorial response from the authorities.

"We are trying to elevate illegal money lending to an important national issue."

Sligo Champion

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