Stop Loan Sharks investigates and prosecutes illegal money lenders and provides support for borrowers in England.
If you have borrowed from a loan shark or are worried about someone else, they are here to help and keep you safe.
Their specially trained staff can provide you with emotional and practical support that is tailored to your needs.
You can call them 24/7 on 0300 555 2222 or start a Live Chat with them online or via Whatsapp them on 07700 102773. This service is available 9am-5pm, Monday to Friday. If you are deaf or hard of hearing they can provide a BSL interpreter and they have a number of BSL resources on their YouTube channel.
What is a Loan Shark?
If you can answer yes to one or more of these questions you might be borrowing from a loan shark:
- Did they offer you a quick loan?
- Did they appear to be a friend at first, but now you’re not so sure?
- Did they say there was no need for paperwork?
- Did they add extra charges or huge amounts of interest to your loan?
- Have they threatened you?
- Are you scared of people finding out?
- Have they taken your bank card, passport, watch or other valuables from you?
How they can help
Stop Loan Sharks investigate and prosecute loan sharks. Their official title is the England Illegal Money Lending Team. They are the lead organisation in England with the power to prosecute loan sharks and illegal money lenders.
They offer support to people who have borrowed from a loan shark, even if they decide not to make an official report. Since 2004, they have helped over 32,500 people.
