Loan sharks

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What to do if you spot a loan shark

If you fall behind with your rent or other bills, we urge you NOT to turn to an illegal money lender. They are not your friend. Contact out Money Advice team to see if there is anything we can do to help.

If you think you may have borrowed money from an unlicensed money lender, you haven’t broken the law, they have. You can speak in confidence to the Illegal Money Lending Hotline on 0300 555 2222 or you can text LOAN SHARK followed by your message to 60003. You can also email the team at reportaloanshark@stoploansharks.gov.uk

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