Stop Loan Sharks
You can report a loan shark confidentially to the Stop Loan Sharks Team.
Loan sharks are unlicensed money lenders who often charge very high interest rates and sometimes use threats and violence to frighten people who can’t pay back their loan.
If you think that you or someone you know has borrowed money from a loan shark you are under no legal obligation to repay the debt. If you’re worried contact the Stop Loan Sharks Team today.
You can also report a loan sharks to Newcastle City Council’s Trading Standards Team who work with the Illegal Money Lending Team.