WebAug 27, 2024 · Research from the Wales Illegal Money Lending Unit (WIMLU) found that rising numbers of young people under the age of 30 were borrowing from unlicensed lenders through social media. WebA 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 …

Illegal Money Lending - You Can Ask Questions & Find …

WebNov 29, 2024 · Last year we conducted research with our consumer network partners into the experiences of consumers who had borrowed money from unauthorised lenders, otherwise known as loan sharks, in the UK. This research report summarises what we were told and includes some insights from individuals directly affected by what is commonly … WebWhat can I do if I come across an illegal money lender? Anyone can report an illegal money lender, not just the victim. You can contact the Illegal Money Lending Unit at … fred church md

Shining a light on illegal money lending: consumer …

WebThe Scottish Illegal Money Lending Unit has a new website. Please visit www.stopillegallending.co.uk for information about the work of the SIMLU and how we can provide advice and support to those struggling to deal … WebEngland Illegal Money Lending Team Feb 2024 - Present 2 years 2 months. Detective Constable (Cyber-crime investigator) Regional Organised Crime Unit of the West Midlands May 2014 - Jul 2024 6 years 3 months. Birmingham, United Kingdom Staffordshire Police 11 years 10 months Detective Constable ... fred church lowell ma