Stop Loan Sharks reporting app

The England Illegal Money Lending Team (IMLT) have launched a new smartphone app to make it quicker and easier for people to report loan sharks and access support services.

The free app provides information to those who may meet loan shark victims in the course of their work, giving information on how to recognise the signs and respond to disclosures and where to refer clients to for specialist support.

The app also offers users advice of the loan shark warning tell-tale signs to be aware of, including cash loans without paperwork, extortionate interest, use of benefits or bank cards as security and threatening behaviour or violence to get money.

Other features include a search tool to help users find credit unions and legitimate lenders, links to confidential debt advice services and push notifications about loan shark arrests and court cases.

Find out more here.

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