A Furzedown woman has been sentenced for illegal credit brokerage in the first prosecution of its kind.
Floridel Atilano, 58, from Edencourt Rd, was sentenced to a 12-month community order and ordered to complete 150 hours of unpaid work, following a hearing at Snaresbrook Crown Court today (Thursday, May 27).
She pleaded guilty to unlawfully engaging in credit broking at a previous court hearing on March 23.
Credit brokers offer services to help people find credit, for example a payday loan, by comparing the market and making introductions to companies providing deals.
Ms Atilano pleaded guilty to running an unlicensed credit business for three years, where around £97,000 loans were issued in the Filipino community.