Teaching students about the dangers of illegal money lending

Published: February 13, 2017

More than 150 students from Telford College of Arts and Technology will be attending an event in Wellington on Wednesday to highlight the dangers of getting caught up in illegal money-lending.

The event at the Whitehouse Hotel includes a drama production called ‘It’s Only A Few Quid’ by the Shontal Theatre Group, and a question and answer session with the England Illegal Money Lending Team.

It is being jointly organised by the Stop Loan Sharks organisation, and Telford & the Wrekin Citizen’s Advice, beginning at 2pm on February 15 with opening remarks from Telford & Wrekin councillor Lee Carter.

Ben Gamble of TCAT said: “We’re always very keen to help inform our students about important issues which face them with money these days, and when they have to start managing their family finances. The money lending market has many dark places.

“The hard-hitting and thought provoking play looks at the hardship faced by a young mother who encounters the attentions of a loan shark.

“In a one hour performance, our TCAT students will see how Gill’s changing circumstances, and collapsing support network leads her to seek extra cash to help feed and clothe herself and her young son.

“Unfortunately she is led into a destructive financial and
psychological chain of events – just the sort of situation that we are keen to make sure never happens to our students.”

Ben added: “We are very grateful to Valeria Graham from Citizens Advice Bureau in Telford for inviting TCAT attending the event, and I’m sure it will be a thought-provoking day which will deliver some important lessons, in an engaging and very visual style.

“It will educate, inform and assist our students in making the right financial decisions when they leave TCAT.”

Download the flyer for this event