People Pretending To Be Something They Are Not
An incredible 56% of the people supported by Stop Loan Sharks in the first half of this year thought they were borrowing from a friend when they took out a loan.
Illegal lenders can be clever, charismatic, manipulative people who are very charming until you cross them. Don’t let these false friends have control over you and your finances. Talk to Stop Loan Sharks to start your journey back to #financialfreedom #behindthemask
Asking for help can be scary, but Stop Loan Sharks have got your back this Halloween. People don't often choose to borrow from an illegal lender, but many might take up the offer of a small loan from someone who appears to be a well-meaning friend. These false friends can make it seem like they are doing you a favour, but quickly turn nasty when you challenge them over the amount being repaid or miss a payment. That'swhen the mask slips and they show their true face. And that's when we can step in tohelp. If in doubt, give Stop Loan Sharks a shout!
Halloween isn’t the only time people dress up in disguise. Loan sharks can often pose as a friend or a credible lender - but if you fall for their tricks, you may find there is a frightening face behind the friendly mask. You can check your lender is authorised with a quick check on the Financial Conduct Authority website. Taking a few minutes to check could stop your Halloween becoming a horror story. www.fca.org.uk