News

Advice to Help Avoid UK Loan Sharks

UK credit unions are fighting to help protect innocent victims from loan sharks more than ever. With the percentage of people turning to illegal money lenders growing at alarming rates, consumers need to be educated now more than ever on financial responsibility–and also find reputable financial help. […]

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Study Reveals Brits Turn to Legal Loan Sharks

It turns out that payday loan companies such as Quick Quid are becoming increasingly popular among financially desperate brits…even more so than credit unions. Payday loan companies, sometimes known as legal loan sharks are putting the pressure on Brits to borrow more money than ever. With what […]

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West Yorkshire Police Join Forces With National Trading Standards Board

[IMG CREDIT]The two organizations, along with the Illegal Money Lending Team, have joined forces to help curb the illegal loan shark activity that is overtaking the area. The organizations are desperate to educate consumers that illegal money lending is not only illegal, but can leave victims in […]

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Detriot Area Loan Shark Goes to Prison

Looks like another loan shark bites the dust. This time in Detriot. After apprantly entering the U.S more than a decade ago, he is now being sentenced to 3 years 5 months in prison. Woohoo. One less loan shark on the street. Apparently he was making loans […]

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