Avoid the loan sharks
In the lead up to Christmas, loan sharks are busy offering cash with large interest rates which can take years to repay.
Over one million people are currently using loan sharks to borrow small amounts, that can become large debts in a short space of time.
You may see tempting short term loan options available, but official lenders have to follow the law.
If you’re concerned about money, instead of going to a loan shark, please speak to our team on 0333 400 8222, and we can help you with budgeting advice and support.
You can find out about how to anonymously report an illegal money lender here.