Credit Crunch
Illegal money lenders
A Loan Shark is someone who lends money without the appropriate licence issued by the Office of Fair Trading.
Loan Sharks rarely, if ever, give any paperwork and if payments are missed they often use intimidation and violence to get money from their 'clients'. The Illegal Money Lending Team is here to help. If you have any information, however small, on loan shark activities we can help.
- Have you been offered a cash loan?
- Have you been threatened when you couldn't pay?
- Has your bank card been taken from you as a security?
- Does what you owe keep growing even though you are making payments?
If you can answer yes to any of the above then you may have been bitten by a loan shark. If you, or anyone you know, is experiencing any of the above or has any knowledge of loan shark activities then contact our team IN CONFIDENCE.
We can be contacted 24 hours a day, seven days a week on 0121-693 1122
Or by e-mail at stoploansharks@birmingham.gov.uk
Or by text to: loan(space)shark(space) then your message to 60003.
Pages in Credit Crunch
- What is the credit crunch?
- How we and our partners can help you
- Financial help and advice
- Housing
- Employment/Skills
- Money advice and tips
- Health
- Savings and affordable credit
- You are here → Illegal money lenders


