Your Community Bank is proud to partner with the IMLT Stop Loan Sharks team, who investigate and prosecute illegal money lenders and provide vital support to borrowers across the UK.
If you’ve borrowed from a loan shark, or you’re worried about someone else who may be at risk, Stop Loan Sharks can help and keep you safe. ​Their specially trained staff offer both emotional and practical support, tailored to your individual needs.
If someone is offering to lend you money and you’re unsure whether they’re authorised, you can check at: www.loansmart.org.uk
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More information on how you can confidentially report a Loan Shark can be found on their website at: www.stoploansharks.co.uk
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NOT SURE WHAT A LOAN SHARK IS?
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If you can answer yes to one or more of these questions you might be borrowing from a loan shark:
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Did they offer you a cash loan?
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​Have they threatened you?
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Did they not give you paperwork?​
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Are you scared of people finding out?
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Did they add huge amounts of interest or APR to your loan?
Have they taken your bank card, benefit card, passport, watch or other valuables from you?