The Escapade

Commonly known as ah longs in Singapore or unlicensed moneylenders a loan shark is a person or entity that lends fast and easy money at sky-high interest rates. The loan sharks warning comes as latest figures show that 12652 people a week in the UK are seeking help for problem debt the equivalent of one person every 48 seconds. Anya Ho Ho V Twitter Loan Sharks Often Prey On The Most Vulnerable Report Your Loan Shark Sdtaskingteam Iom Safeguardthevulnerable Https T Co 6885l2jhge A loan shark usually has lots of customers and lends money like a business but their lending is illegal. Local loan sharks . They are known as loan sharks. They may not be completely transparent when comes to divulging vital information such as interest rates and how much you actually owe. Loan Sharks offer very. The number of enquiries made to debt advice charity Step Change in 2018 was 657930 a 14 per cent rise on the 577678 enquiries in 2014 and 6 per cent up on the 619946 enquiries made in 2017.