A loan shark is someone who lends cash as an unauthorised business. Anyone can be a victim of a loan shark – your family, friends, neighbours and even you.
A loan shark will typically have little paperwork and will add penalty charges for late payments. Sometimes they will add random sums to the bill.
If you think you may be involved with a loan shark, call the Stop Loan Sharks team in confidence on 0300 555 2222
Text 07860 022 116
E-mail reportaloanshark@stoploansharks.gov.uk
For more information on loan sharks, please visit www.stoploansharks.co.uk