Loan Shark Awareness Week runs from Monday 24th November to Sunday 30th November 2025. It’s all about helping people stay safe from illegal money lenders. Some people offer cash when you’re struggling, but they’re not always what they seem. These people are called loan sharks, and they can make life very hard.
You don’t have to face them on your own. Help is out there.
What is a Loan Shark?
A loan shark is someone who lends money without the right license. That means they’re breaking the law.
They might:
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Not give you any paperwork.
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Add big charges or interest that keep going up.
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Threaten or scare you if you can’t pay.
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Take your bank card, ID, or other things as a way to control you.
They may seem friendly at first, but they often turn nasty.
How to Spot a Loan Shark
Here are some signs someone might be a loan shark:
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You didn’t get a proper contract.
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They want cash only or ask for things instead of money.
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They charge a lot more than you borrowed.
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They get angry or threatening when you struggle to pay.
Where to Get Help in Stoke-on-Trent & Staffordshire
You don’t have to deal with a loan shark alone. These local groups can help:
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Citizens Advice: Get free advice on money, debt, and your rights.
☎️ Find your local office at www.citizensadvice.org.uk -
Staffordshire Connects: A website with loads of help and support in your area.
🌐 www.staffordshireconnects.info
How to Report a Loan Shark
Worried about a loan shark? You can report them safely and secretly.
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☎️ Call 0300 555 2222 – available 24/7
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💬 Chat online at www.stoploansharks.co.uk
You don’t need to give your name. They’ll listen and help you.
You Have a Right to Be Safe
If someone is making you feel scared about money, that’s not okay.
You deserve support. You have choices. You can take back control.
Let’s stand together and stop loan sharks in our communities.
