What is a loan shark?

Call 0300 555 2222If your lender:

  • Offered you a cash loan,
  • Did not give you paperwork,
  • Added huge amounts of interest or APR to your loan,
  • Have threatened you,
  • Have they taken your bank card, benefit card, passport, watch or other valuables from you,

or

  • You are you scared of people finding out

they may be a loan shark.

You are not in trouble if you have borrowed cash or have been paying back a loan from an illegal money lender, the loan shark is. They are the people committing a crime, not you.

Report a loan shark, call Stop Loan Sharks on 0300 555 2222 or complete the form on their website: www.stoploansharks.co.uk/

Stop Loan Sharks is the England Illegal Money Lending Team of National Trading Standards

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