Avoid Loan Sharks This Christmas: How to Stay Safe and Get Help
Christmas should be a season of joy and celebration, but for many, it also brings added financial strain. Rising living costs mean some households may feel pressured to borrow to cover festive expenses. Sadly, this is the time when loan sharks prey on those in need, turning a season of goodwill into one of worry… View Article
Man Arrested in Eastern Cardiff for Illegal Money Lending and Money Laundering
A 70-year-old man has been arrested in Eastern Cardiff on suspicion of illegal money lending and money laundering, following an operation by Stop Loan Sharks Wales. Details of the Arrest Officers executed a warrant at a property in the eastern area of Cardiff, where they seized cash, mobile phones, electronic devices, and documents. The suspect… View Article
Man Sentenced for Illegal Lending in North Wales
A loan shark who lent money illegally to his workmates and profited off their financial difficulties has been sentenced after a detailed investigation by Stop Loan Sharks Wales.
Tabitha Richardson 83-Year-Old Newport Loan shark
An 83-year-old loan shark has been ordered to pay back over £173,000 of her ill-gotten gains, with more than £35,000 returned to her victims in compensation.
BBC Wales
About a quarter of people are planning to borrow money to pay for Christmas this year. Christmas is just around the corner, and whilst there’s a lot to be grateful for, it’s easy to fall into financial stress during the holidays.
WalesOnline
Stop Loan Sharks Wales recently spoke with Wales Online to raise awareness surrounding the disturbing tactics and exploitation used by unlicensed money lenders in Wales. The article highlights the heartbreaking stories of those trapped in a cycle of debts.
Cwmbran Loan Shark Horace Taylor
Cwmbran loan shark Horace Taylor, aged 73, was sentenced to 3 months in prison, suspended for two years, after pleading guilty to illegal money lending.
Tabitha Richardson 83-Year-Old Newport Loan shark
An 83-year-old loan shark “preyed on vulnerable people” and would threaten them if they missed repayments.
Talk Learn Do
Teaching your children about money from a young age helps them develop the skills they’ll need as adults. We can show you how to talk to 3- to 11-year-olds about money.
ActionRehab
Something that may often get overlooked is the financial toll that comes along with addiction.