Never borrow money from an illegal money lender or ‘loan shark’. You will end up paying substantially more than you borrowed and may experience harassment and violence if you cannot make your payments. Advice and support is available if you have borrowed from an illegal money lender.
If you need a loan there are other affordable and lower risk options:
- Help in a short term crisis
- Alternatively you may be able to get a loan with reasonable interest rates from a Credit Union such as CitySave.