Loan Sharks

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?

Help is Available!

Download the leaflet "Have you been bitten by a loan shark?" (PDF Document, 3.2MB)

The Public Protection Project Team, is a locally based team, employed by the Government to tackle loan sharks.

What the Public Protection Project Team 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 us

If you or anyone you know has been affected, please call the Public Protection Project 24 hour, 7 days a week confidential Hotline:

Hotline number: 0116 217 9550

Your call is confidential
We can call you back if you need us to

We also offer a confidential SMS service -

TEXT: shark loan (your message) to 60003

Standard text rates apply

Did you know?

A loan shark is an unlicensed money lender. This means you may not have to pay back the loan
A loan shark, if prosecuted, can be sent to prison

Other sources of help and support

Leicestershire County Debtline

0844 2480 040

Lenderscompared.org.uk

Customers can compare the prices and terms of home collected credit loans on offer at www.lenderscompared.org.uk. This web site includes details of home credit loans and loans from other providers, such as credit unions.

National Debtline

0808 808 4000
www.nationaldebtline.co.uk

Clockwise Credit Union

0116 247 1740
www.clockwise-cu.co.uk

Insolvency.gov.uk

0845 602 9848
www.insolvency.gov.uk