Debt and Loan Sharks

Information on Debt Respite and Loan Sharks

Stacks of coins

The statutory debt respite scheme, Breathing Space, began in England and Wales in May 2021. People supported under the scheme are given a period of time to access advice and make a plan for reducing their debts, during which time they will not accrue further interest and charges. This briefing, developed with debt advice charity StepChange, explains more. Published: May 2021

Information from England Illegal Money Lending Team on Loan Sharks can also be found below.

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Jo Prestidge

Head of National Practice Development

Jo is Head of National Practice Development at Homeless Link.

Telephone: 07507 506 380
Twitter: @joanneprestidge