Illegal money lending
To tackle the problems of illegal money lending, a specialist team has been set up to target loan sharks. Loan sharks normally target the elderly, and those on a tight budget. Failure to pay may lead to harassment, threats and intimidation.
The Illegal Money Lending Team (IMLT) will help combat these activities and also ensure that victims can receive access to appropriate financial and advice support services.
Report illegal money lending
To contact the IMLT to report illegal money lending and loan sharks in confidence:
- Telephone: 0300 555 22 22
- Email: reportaloanshark@stoploansharks.gov.uk
- Text: Loan Shark (+ your message) and send to 60003.