Stop Loan Sharks!

by | Feb 19, 2018 | Finance, News, Safety at Home

The England Illegal Money Lending Team (IMLT) was set up in 2004 and investigates and prosecutes illegal money lenders while supporting those who have borrowed money from a loan shark. Since 2004, the IMLT have supported over 25,000 people and written off over £63,500,000 of debt.

It is estimated that there are 310,000 people in debt to illegal money lenders in the UK. The Illegal Money Lending Teams within the UK work to raise awareness of what illegal money is while investigating and prosecuting loan sharks. 

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