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Walsall, WS1 1TP
01922 650000. Email; info@Walsall.gov.uk
ST. Peter's Square
Wolverhampton WV1 1SH
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Provide free, independent, confidential and impartial advice to everyone on their rights and responsibilities.
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Walsall WS1 1SE
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Learning Loans Sharks: Birmingham City Council
A loan shark is someone who runs a money lending business without permission from the Financial Conduct Authority. 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'.
We can provide help and guidance if you have:
•been offered a cash loan
•been threatened when you couldn't pay
•has your bank card been taken from you as “security”
•a debt which keeps growing even though you’re making payments
If you, or anyone you know, is experiencing any of the above or has any knowledge of loan shark activities you can contact us in confidence. We take your privacy very seriously.
We can be contacted 24 hours a day, seven days a week.
Telephone: 0300 555 2222
SMS text message: send a text to 07860022116, beginning your message with “loan shark”
Reporting a Loan Shark: GOV
Loan sharks are illegal moneylenders who often charge very high interest rates. You can check if a company is authorised to lend money and report loan sharks anonymously.
Check if a lender is registered
You can search the Financial Services Register for companies and individuals authorised by the Financial Conduct Authority (FCA).
Telephone: 0800 111 6768
Monday to Friday, 8am to 6pm
Saturday, 9am to 1pm