A national nursing charity is supporting a Birmingham campaign against illegal money lenders and legal high interest lenders.
Cavell Nurses’ Trust, which supports nurses, midwives and healthcare assistants suffering from financial hardship, is helping run a ‘pop up’ debt advice booth, known as The Cabin.
More than 100 people visited the booth, which opened in Birmingham at the beginning of October, in its first week.
The Birmingham Fair Money shop will continue to be operated by Citysave Credit Union staff and community volunteers until Christmas Eve.
Cavell Nurses’ Trust has been working closely with Citysave Credit Union on the initiative and staff from the charity will be available every Friday to provide advice surgeries to anyone who visits the ‘pop up’.
Cavell Nurses’ Trust Chief Executive Kate Tompkins said, “I am delighted we are able to work with Citysave and Unison to support the residents of Birmingham and, in particular, nurses, midwives and healthcare assistants in financial difficulties.
“The problems they face come from ill health, disability and, sadly, domestic abuse and we work in partnership with others to ensure they have the best advice and support at their time of need.”
The Cabin has been funded by proceeds of crime taken from convicted illegal money lenders.
The England Illegal Money Lending Team, a specialist enforcement team based in Birmingham, will be highlighting the dangers of illegal loan sharks and encouraging victims of this crime to come forward.
Birmingham Fair Money is an initiative driven by Citysave and Moneyline, and brings together a number of not-for-profit, community-based lenders who provide affordable and responsible lending.
The move is part of the on-going Financial Wellbeing of Birmingham campaign, which urges residents to ‘Stand Up for Birmingham’ against predatory lending and high finance costs.
Councillor John Cotton, Birmingham City Council Cabinet Member for Social Cohesion and Equalities, said, “Birmingham Fair Money is a vital part of our drive to make our city fairer and to support hard pressed individuals and families.”