Loan sharks sometimes frighten people by saying they’ll be prosecuted and even sent to prison if they don’t pay up. This can’t happen – an unlicensed lender has no legal right to recover the debt.

You can report a loan shark in confidence to an Illegal Money Lending Team.

Source: Direct.Gov


Further help

For help contact:

  • Report a loan shark in England: If you need to report a loan shark in confidence, phone 0300 555 2222, text LOAN SHARK and your details to 60003, or
    email the Stop Loan Sharks team

Message supplied by: Rich @ Respect Yourself