How to recognise illegal money lending and loan sharks.

Jun 02, 2020, 10:58 AM

In this podcast we discuss the subject of illegal money lending.

The England Illegal Money Lending Team work within local communities, within education, and with partner agencies including the police. Since 2004, the England Illegal Money Lending Team have supported over 30,000 people and written off over £83 million worth of illegal 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.