News - Page 43 of 77 - Stop Loan Sharks

🌧️💰 Do you have a little nest egg tucked away for a rainy day?New figures from the Financial Conduct Authority released today show that 1 in 10 of us don’t have any cash savings at all — and about 1 in 5 have less than £1,000 to fall back on in an emergency.The FCA’s new Financial Lives survey also shows nearly a quarter of adults in the UK (24%) have low financial resilience - meaning that they have missed payments, are struggling to keep up with commitments, or don’t have savings to help them through an emergency.At Stop Loan Sharks, we know that low financial resilience like this is a key factor in leaving people vulnerable to loan sharks. In fact, 91% of the people we supported in 2024 had no savings to help them cope. The 9% that did have savings often didn’t have enough to cover a new washing machine or vehicle breakdown.Building even a small savings habit can make a big difference and can keep you safe from predatory loan sharks.Credit Unions and Community Development Finance Institutions (CDFIs) offer safe, affordable ways to save and borrow - building financial resilience.👉 If you’re struggling with money, reach out to MoneyHelper for free support.📞 And if you’re worried about illegal lending, call the Stop Loan Sharks team anytime on 0300 555 2222 – we’re here to help.#StopLoanSharks #FinancialRegulation #financialservices ... See MoreSee Less

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Stop Loan Sharks England

9 hours ago

This Mental Health Awareness Week, let’s talk about the power of community 💚. Connection, belonging, and support can protect us from isolation - and from the dangers of illegal money lenders. 🛑 Loan sharks prey on the vulnerable and can isolate borrowers from friends and family. By sticking together, we can stop them. #MentalHealthAwarenessWeek #StopLoanSharks #StrongerTogether ... See MoreSee Less

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Stop Loan Sharks England

1 day ago

📢 Stop Loan Sharks Week is coming! 🦈 From May 19–25, join the fight against illegal money lending. Download the social media toolkit today and help spread the word. 💬 Visit www.stoploansharks.co.uk/social-media-toolkit-3-2/ to get started. #StopLoanSharks #herewhenyoureready #SupportNotPressure ... See MoreSee Less

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Stop Loan Sharks England

2 days ago

A 46-year-old man was arrested in Coventry today on suspicion of illegal money lending.It followed an operation by the England Illegal Money Lending Team working with West Midlands Police and Coventry Trading Standards.If you think you might have borrowed from a loan shark, call us anytime on 0300 555 2222.The full story is on our website, the link is in the comments below 👇#StopLoanSharks#stoploansharksengland ... See MoreSee Less

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Stop Loan Sharks England

2 days ago

This Mental Health Awareness Week is all about celebrating community, and how it supports our mental health and wellbeing. Communities connect, support, and give us a sense of belonging and purpose. From local to global, online to in-person, we all need community. What's yo#MentalHealthAwarenessWeeks#thisismycommunityunity ... See MoreSee Less

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Stop Loan Sharks England @slsengland ·

1 in 10 people have no cash savings, new @TheFCA data shows. This can leave people vulnerable to loan sharks. Our stats from 2024 show 91 per cent of borrowers had no savings.
If you need help with a loan shark, call us on 0300 555 2222 📞
@MoneyHelperUK
#StopLoanSharks

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Stop Loan Sharks England @slsengland ·

This Mental Health Awareness Week, let’s discuss community power 💚. Connection and support protect us from isolation and illegal money lenders. 🛑 Loan sharks prey on the vulnerable. Together, we can stop them! #MentalHealthAwarenessWeek #StopLoanSharks #StrongerTogether

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Stop Loan Sharks England @slsengland ·

15 May

📢 Stop Loan Sharks Week is coming! 🦈 From May 19–25, join the fight against illegal money lending. Download the social media toolkit today and help spread the word. 💬 Visit https://www.stoploansharks.co.uk/social-media-toolkit-3-2/ to get started. #StopLoanSharks #HereWhenYoureReady #SupportNotPressure

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Stop Loan Sharks England @slsengland ·

14 May

A 46-year-old man was arrested in Coventry today on suspicion of illegal money lending. The England Illegal Money Lending Team worked with @WMPolice and @coventrycc Trading Standards on this op.
Full story: https://www.stoploansharks.co.uk/suspected-loan-shark-arrested-during-imlt-operation-in-coventry/
#StopLoanSharks

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Stop Loan Sharks England @slsengland ·

14 May

This Mental Health Awareness Week is about celebrating community, & how it supports our mental health & wellbeing. Communities connect, support, & give us a sense of belonging & purpose. From local to global, online to in-person, we all need community. #MentalHealthAwarenessWeek

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