Your Money and Your Life Stop Loan Sharks

After repaying a loan shark for seven years, Becky reached breaking point and had to seek support to keep her and her family safe. This episode looks at the shocking reality of getting involved with a loan shark and how organisations like the IMLT are working to help victims reclaim their lives. If you or someone you know is the victim of a loan shark, call 0300 555 2222 or visit www.stoploansharks.co.uk for advice and support.

The IMLT is working with schools and supporting organisations to prevent future generations from falling into the trap of borrowing money from loan sharks. This week we’re joined by Just Credit Union and Citizens Advice Havant Work Out Your Money to discuss the importance of teaching children about personal finance at an early age, so they are better prepared to make sound financial decisions in the future. 

#CheltenhamSaysNo was a campaign launched by Cheltenham Borough Homes with the support of IMLT. In this week's episode, the IMLT explains how campaigns like this are tackling loan sharks in particularly vulnerable areas and encouraging people to save with Gloucestershire Credit Union. Details on applying for POCA grants can be found at www.stoploansharks.co.uk/news. To report a loan shark call the 24 hour helpline 0300 555 2222. 

Runcorn Local Policing Unit joins the IMLT to explain how it set up an award-winning project by working with local schools and other organisations such as Halton Trading Standards and St Martin’s Primary School, to raise awareness about loan sharks. Details on applying for POCA grants can be found at www.stoploansharks.co.uk/news. To report a loan shark call the 24 hour helpline 0300 555 2222. 

The England Illegal Money Lending Team (IMLT) is helping to break the cycle of borrowing from loan sharks and supporting victims caught in their trap, on its brand-new podcast; Your Money and Your Life.

In this episode, we tackle some of the misconceptions surrounding loan sharks by explaining who they are and how they operate.

Click here to apply for a Proceeds of Crime (POCA) Grant.

To report a loan shark call the 24 hour helpline 0300 555 2222 or use our online form.