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Payday loan warning as 100 loan sharks arrested
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Payday loan warning as 100 loan sharks arrested
Investigators at National Trading Standards (NTS) ensured that 108 loan sharks were arrested in England and Wales during the past year, as teams launched 365 operations. The figures are revealed in the agency’s annual report which shows the activity of Trading Standards’ Illegal Money Lending Teams (IMLTs). These teams target and prosecute loan sharks who generally lend illegally to vulnerable people deprived of access to credit.....Read more hereTags: None
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