Loan sharks have stood at school gates handing out cards to children as they leave, suggesting mums call them if they need new trainers. Illegal money lenders have also stationed themselves outside food banks, in casinos, or outside post offices to wait for pensioners. The reports come in a new review...

Payday loan warning as 100 loan sharks arrested

This is a duplicate of the Blog Entry made on: 13th October 2015 14:03
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Farewell payday lenders, welcome loan sharks?

This is a duplicate of the Blog Entry made on 9th October 2014 10:43.

*This morning, the screw that is being slowly tightened on the payday loan industry was given another couple of swift turns.* The Competition and...
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The dangers of loan sharks to be taught in schools

This is a duplicate of the Blog Entry made on 3rd March 2014 19:03.

School children in England are to have lessons warning them against using loan sharks. The Illegal Money Lending Team (ILMT) in England is offering ......

Loan Sharks

This is a duplicate of the Blog Entry made on 27th January 2014 11:36.

The figures in this article are quite frightening. The loan shark market is equivalent in size to one-third of the pay day lender market. 60 people...

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Sixty victims of loan sharks are in witness protection, according to the country's leading official tasked with breaking the cycle of fear, intimidation and violence trapping families who have borrowed money from illegal lenders.
Tony Quigley, head of the Illegal Money Lending Team (IMLT)...

Payday lenders bite back: 'Don't call us loan sharks'

This is a duplicate of the Blog Entry made on 23rd September 2013 20:10.

Fed up with such stories, and pilloried by MPs, local authorities, newspapers and even the Archbishop of Canterbury, the payday loans industry is......

Payday lending summit is called by ministers

This is a duplicate of the Blog Entry made on 25th June 2013 16:22.

Lenders, regulators and government ministers are being summoned to a summit about the UK's payday loans industry next week. The meeting aims to come...
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Citizens Advice exposes payday lenders'

This is a duplicate of the Blog Entry made on 28th May 2013 07:59.

*............failings as OFT closes in on unscrupulous lenders * New evidence from Citizens Advice finds 7 in 10 put under pressure to extend...

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Credit unions win £38m to tackle payday lenders

This is a duplicate of the Blog Entry made on 17th April 2013 14:59.

*The government is handing £38m to credit unions to help them challenge payday lenders and loan sharks. * The *Association of British Credit......

Wonga responds to OFT’s payday report

This is a duplicate of the Blog Entry made on 7th March 2013 10:41.

Online lender Wonga has agreed with the need for tighter controls in the payday lending sector to “stamp out” the worst practices, in response to...
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payday lenders to face ban on 'rollover' loans

This is a duplicate of the Blog Entry made on 3rd March 2013 11:50.

*Celebrity-endorsed cash companies branded 'legal loan sharks' face curbs* A clampdown on controversial payday lenders is due this week by the...
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Government stalls on payday loan regulation despite 'legal loan sharks' targeting hard-up families

This is a duplicate of the Blog Entry made on 14th November 2012 18:34.

*.....'legal loan sharks' targeting hard-up families at Christmas* Ministers have refused to consider...

How did you get on with these loan sharks??

Did you get it all sorted chuck?

Hi All

Today I am going to name and shame a particular PDL Company - Lending Stream

I have been assisting someone who have TWO loans with this company.

Lending Stream have behaved poorly on two fronts:

1) They ignored a request to pay off the loan...