-
Have you or anyone you know been approached by someone offering you a loan?
-
Have you been offered a loan without a credit check?
-
Are you paying lots of interest on the loan?
-
Are you unsure how much you owe or how many more payments you have to make?
-
Have you or your family been threatened as a result of not making repayments, including threats of violence or damage to property?
Download the Trading Standards Illegal Money Lending Unit's 'Have you been bitten by a loan shark?' Information leaflet (large PDF document.)
The Trading Standards Illegal Money Lending Unit, a locally based team, employed by the Government to tackle loan sharks are here to help.
What the Trading Standards Illegal Money Lending Unit can do to help
They can:
- Offer advice and support
- Refer you to legitimate credit agencies including credit unions, which are funded especially to help people like you
- Investigate complaints
- Prosecute people involved in loan sharking
How you can help the team
You can help them to:
- Reduce illegal money lending
- Discourage potential loan sharks
- Increase awareness
- Encourage other victims to come forward
Don't let loan sharks take a bite out of your life
Contact them
If you or anyone you know has been affected, please call the Trading Standards Illegal Money Lending Unit's 24 hour, 7 days a week confidential Hotline:
National Hotline: 0300 555 2222
-
Local call rate, including inclusive mobile minutes
Local Hotline: 0116 217 9550
Send a text message/SMS
Text loan shark and your message to 60003
By e-mail
reportaloanshark@stoploansharks.gov.uk
Visit the stop loan sharks website
Did you know?
- A loan shark, if prosecuted, can be sent to prison
Other sources of help and support
Leicester Money Advice
Tel: 0116 242 1120
Freephone: 0800 808 4000
Website: leicester money advice
Clockwise Credit Union
Tel: 0116 247 1740
Website: Clockwise Credit Union
The UK Insolvency Help Line
Freephone: 0800 074 6918
Website: Insolvency Helpline
