Don't fall prey to loan sharks | believe housing

Don’t fall prey to loan sharks

30 November 2015 - Latest news

Did you know that around 310,000 people use a loan shark each year? A loan shark is someone who lends money without the correct permission from the Financial Conduct Authority.12243311_741063686037335_8154999943452841637_n

Loan sharks may initially appear friendly but they will often use violence and intimidation to ensure they get their money, causing borrowers endless misery.

The England Illegal Money Lending Team want to ensure that everyone knows what a loan shark is and more importantly how to report one, especially in the run up to Christmas.

For more information click here, or to report a loan shark call 0300 555 2222 or email

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