We are all living through a difficult time at the moment and, unfortunately, some people see this as an opportunity to take advantage of others.
There are lots of scams operating just now, ranging from offers of a loan if you sign up to Universal Credit, to paying for your shopping in advance and then the person not delivering, to telephone calls telling you that you need to buy a Coronavirus testing kit because you’ve been in contact with someone who has the virus. All of these schemes are illegal get-rich-quick methods designed to get you to hand over your money!
This month saw the start of Scams Awareness Month - a campaign being run by the Stop Loans Sharks Project. They are hosting a live Q&A session every Friday on Facebook and are online to discuss other subjects on other weekdays.
The Stop Loan Sharks Project is run by the Illegal Money Lending Team. Loans Sharks lend money at very high interest rates, without the necessary licence to do so, and often become violent when payments can’t be made on time. The Illegal Money Lending Team investigate these crimes and help victims to get free of the loan shark and see that justice is done.
To find out more about loan sharks and to safely report anybody illegally lending money as a loan shark, visit the Stop Loan Sharks website or call them on 0300 555 2222.