Borrowing money

Never borrow money from an illegal money lender or 'loan shark'. You will end up paying much more than you borrowed. You may even experience harassment and violence if you cannot make your payments.

Advice and support are available if you have borrowed from an illegal money lender.

You may also be able to receive short-term help with money and white goods.

If you need a loan, there are other affordable and lower risk options. You may be able to get a loan with reasonable interest rates from a Credit Union, such as CitySave.

Page last updated: 9 December 2022