Recently, we were pleased to welcome Stop Loan Sharks to one of our team meetings for a powerful and informative presentation on the dangers of illegal money lending.
They talked us through what a loan shark is, the common tactics they use to trap people in debt, and the warning signs to look out for, such as cash only loans, no paperwork, intimidation, and repayments that keep increasing. We also learned more about the impact illegal lenders can have on individuals, families and whole communities.
Importantly, they shared the confidential support available for anyone affected, including financial advice and emotional help. The message was clear: no one has to face illegal lenders alone. Help is out there.
Our CEO, Sam, described it as a fascinating presentation, and the team learned so much. Thank you to Stop Loan Sharks for taking the time to visit and for the vital work you do supporting people to call for help safely and confidentially.
If you or someone you know is worried about an illegal lender, support is available.
You can learn more about Stop Loan Sharks here.
