Say no to loan sharks this Christmas

26.11.2019

At this time of year, you or someone you know may feel under pressure to borrow money.

We don’t advise this, and know that turning to doorstep lenders and loan sharks can quickly become a serious problem. Loan sharks can offer you cash but demand huge amounts of interest on your repayments, and may threaten you or take other valuable items from you if you don’t keep up.

But there is help out there. You can report a loan shark or illegal money lender to Stop Loan Sharks in complete confidence – you don’t have to leave your name. 

Stop Loan Sharks is a government agency that can investigate, prosecute and even put them in prison. Call them any time on 0300 555 22 22 or report online at www.stoploansharks.co.uk