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You are here: Home > Business > Trading standards > Money lenders Money lenders
Do not use unlicensed money lenders. They operate illegally. If you require debt counselling or money advice you should speak to your local Citizens' Advice Bureau. Unlicensed money lenders target people in most need. They charge very high interest, meaning people are often forced to take out a second loan to pay off the first. Often people loose control of their debts in this way. Lenders can become nasty if debtors fall behind on their payments. Unlicensed lending and harrassment of debtors are criminal offences which are investigated by Trading Standards. If you have suffered as a result of these practices please let Trading Standards know. Useful Links
The following external link goes to the Citizens Advice Bureau's online advice service that provides independent advice on your rights on a wide range of topics
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