A Loan Shark is not just for Christmas!
It may only be the start of autumn but there is never a bad time to start planning and putting some money aside for Christmas. As ever, the Illegal Money Lending team urges you to avoid borrowing from a Loan Shark if you’re struggling this December. The Trading Standards project warns that Loan Sharks can be incredibly expensive (try 131,000% APR) and a frightening experience.
Loan sharks often seem friendly at first and will give an easy cash loan, often with no forms or paperwork. They might operate in your local neighbourhood, in a pub, gym or even where you work, making it easy for you to get the money – but then just as easy for them to start to harass you. If you know of a local Loan Shark, or need help, please contact the team on 0300 555 2222, you can also email email@example.com or follow the team on twitter @loansharknews
Please don’t use a Loan Shark this Christmas – you might still be paying them back next Christmas.
If you need help, search under debt on the Surrey Family Information Directory for local debt advice and support.
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