The Black Country Housing Group (BCHG) has been awarded partner status by the England Illegal Money Lending Team (IMLT) for its efforts to address illegal lending in the region.
The housing provider, managing more than 2,200 homes in the Black Country and Birmingham, has been collaborating with IMLT for several years.
Their joint efforts include training staff to spot signs of loan shark exploitation, establishing a formal reporting process, and supporting community events to educate the public about the dangers of unauthorised lending.
BCHG, based in Rowley Regis, also offers tenants free career development, training and employment services to help reduce vulnerability to predatory lenders.
Dave Benbow, head of the IMLT, said: “BCHG has thousands of tenants across the region, some of whom may be vulnerable and at risk of being targeted by illegal lenders.
“By working with the group, we can ensure tenants and local communities are getting the message about the dangers of borrowing from illegal lenders and how to get help.
“We are so grateful to partners like BCHG for their support.
“This award is well-deserved, and we look forward to continuing our work together in the years to come.”
BCHG chief executive, Adrian Eggington, added: “As a responsible housing provider, Black Country Housing Group is proud to achieve the accredited partner status with Stop Loan Sharks.
“This recognition highlights our commitment to ensuring our customers are supported if they face the challenges of the cost of living.”
The IMLT, set up more than 20 years ago, has supported over 32,500 people and secured 429 successful prosecutions. More than £91.6 million in illegal debt has been written off.
Anyone affected by illegal money lending can call the Stop Loan Sharks 24/7 Helpline on 0300 555 2222, or access support online at the Stop Loan Sharks website.