Loan Shark Awareness Week

This weekis Loan Shark Awareness Week and we’re joining our partners to highlight the scale of the issue in Salford.

Salford Council has teamed up with the Illegal Money Lending Team to launch a week of action, which startedon Monday, 27 November, to raise awareness about loan sharks and gather more information from the public to put them before the courts.

We know loan sharks are operating in Salford and on our estates, so we’ll be doing our bit to raise awareness among our tenants.

Loan sharks target vulnerable people and are often not what you’d expect. They could be the ‘mum at the school gate’ or a ‘family friend’ offering to help you out of a financial hole, but they charge extortionate interest rates that the victim cannot afford to pay back often resulting in threats and intimidation.

For more information, go to Salford Council’s website or call 0300 555 222 to report a loan shark in confidence.