Pay-day loans, doorstep lenders and loan sharks
Think carefully before you borrow money: even if you're desperate, there are better options, such as a credit union or emergency grant.
- Credit unions are set up for the benefit of the community, and profits reinvested to improve the union's services and products. Find your nearest credit union at www.findyourcreditunion.co.uk
- You can apply for an emergency cash grant of £30 - £60 if you are in financial crisis.
If you think you have borrowed money from a loan shark you can report them at www.gov.uk/report-loan-shark.
If a payday loan broker has withdrawn money from your bank account to pay for their comparison services, you should contact the Financial Ombudsman for advice.