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Loan Sharks


Not sure what a Loan Shark is?

If you can answer yes to one or more of these questions you might be borrowing from a loan shark:

  • Did they offer you a cash loan?

  • Did they not give you paperwork?

  • Did they add huge amounts of interest or APR to your loan?

  • Have they threatened you?

  • Are you scared of people finding out?

  • Have they taken your bank card, benefit card, passport, watch or other valuables from you?

The England IMLT work at Stop Loan Sharks within local communities, within education, and with partner agencies including the police.  Since 2004, the England IMLT have supported over 30,000 people and written off over £87million worth of illegal debt.  It is estimated that there are 1.08 million people in debt to illegal money lenders in England.  The Illegal Money Lending Teams with the UK work to raise awareness of what illegal money is while investigating and prosecuting loan sharks.

Stop Loan Sharks investigates and prosecutes illegal money lenders and provides support for borrowers in the UK.  If you have borrowed from a loan shark or are worried about someone else, we're here to help and keep you safe.  Our specially trained staff will provide you with emotional and practical support that is tailored to your needs.  Call us 24/7 on 0300 555 2222 or start a Live Chat on our website (available 9am-5pm, Mon-Fri):

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