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Darwen Labour Party's loan shark protest
1:55pm Monday 20th August 2012 in News
DARWEN Labour Party collected a petition against legal loan sharks on the gala field.
Councillors and party members gathered signatures urging the Government to introduce caps on the total lending rates that can be charged for providing credit.
The petition also calls on the Government to give local authorities the power to veto licences for high street credit agencies with negative economic, or social, impacts on communities.
Coun Trevor Maxfield said: “It is worrying how many people fall foul of these sharks in our area. People need to be aware of their options and, instead of turning to high-interest loans, take advantage of things like Jubilee Tower Credit Union , in Bolton Road, which is there to help.”
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