A loan shark is someone who lends money to people without paperwork or a license and makes threats and/or uses violence until its all paid off. During this time the amount of money owed normally increases drastically in order for them to make a profit.
The Ilegal Money Lending Team (IMLT) are here to help with situations like this the 24 hour hotline number is: 0300 555 2222 If you have had a bad encounter with a loan shark you can report them anonymously on: www.gov.uk/report-loan-shark
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