Warrington is now a ‘very high risk’ local COVID alert level area (tier 3)
Find out more about what this means and the restrictions in place, visit our coronavirus webpages for more information.
Anyone who operates a moneylending business without being registered with the Financial Conduct Authority (FCA) is acting illegally.
They might be a loan shark if they:
Around 310,000 households in the UK are thought to borrow from loan sharks so it’s a big problem. Loan sharks often target vulnerable people so by reporting one, you can help to stop others from being exploited, spiralling into debt and possibly being in danger of harm.
Please don’t use a loan shark, even if you think they’re a friend - they usually start out being friendly but things quickly change. If you need to borrow money use a credit union or a bank or building society.
Find out more about managing your money and where to get debt advice.
Report a loan shark
If you know about a loan shark please report them. If you’ve borrowed money from them you haven’t broken the law, they have. Everything you say is confidential.