At Derbyshire Community Bank, and across credit unions throughout the UK, we care deeply about the financial wellbeing of our members. That’s why we want to raise awareness about Stop Loan Sharks, a vital service that protects people from illegal moneylenders.
Loan sharks operate outside the law, charging sky-high interest rates and often using intimidation or threats to collect payments. These practices can leave individuals and families in serious financial and emotional distress. But the good news is, you are not alone.
If you are in a situation where a loan shark is involved, or even if you know someone who is, Stop Loan Sharks provides confidential support. They can guide you on your options, help you escape illegal lending, and ensure you’re not at risk of further harm.
Reporting a loan shark is easy and safe:
Call the hotline: 0300 555 2222 (free and confidential)
Report online: Visit www.stoploansharks.co.uk
Text support: You can also send a text to 07860 022 111 for advice
There is no risk in coming forward. All reports are handled discreetly, and Stop Loan Sharks works closely with authorities to protect victims. By speaking up, you not only protect yourself but also help safeguard your friends, family, and the wider community from the harm caused by illegal lenders.
At Derbyshire Community Bank & our partner credit unions, we want all members to feel supported and informed. Together, we can create a safer, fairer financial environment for everyone.
