Stop loan sharks

Do you know the warning signs of a loan shark?

If you find yourself in debt and are offered financial support from someone then you need to make sure you’re aware of the warning signs. Stop Loan Sharks England has a whole host of handy advice on their website but it’s important to remember:

-        There is often no paperwork provided for the offered loan

-        You may feel threatened or intimidated by the person who is offering you the loan

-        You may be threatened if you find you can’t pay on time.

Remember, you are not in trouble if you have borrowed money unknowingly from an illegal lender, they are the person committing the crime.

Find out more about the warning signs, how you can help yourself or someone else if you’re worried about a loan shark on the Stop Loan Sharks website.

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