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Week of events to highlight dangers of loan sharks
11:10am Sunday 18th August 2013 in News
LOAN sharks are the focus of a week-long campaign to raise awareness of their dangers.
Sharky Week is a series of events starting tomorrow, Monday, aiming to encourage people to turn away from loans sharks and report it if they have fallen victim to them.
Victims are often kept in the dark about how much they are actually paying with extra amounts and interest added at random.
One illegal lender was found to be charging the equivalent of 131,000% APR. Visit Halton Council’s website for more information.
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