Last time the research was done in England, 1.1 million people were borrowing from illegal lenders... and that was two years ago, before the cost of living crisis which has surely pushed that number higher, so we're looking at somewhere between 1 in 30 and 1 in 40 adults. Those borrowers are facing a combination of threats and extortionate rates, and you're losing directly, too, because "if one of your customers is paying the loan shark, they won't pay your loan because the loan shall be the priority".
Stop Loan Sharks is at home online at https://www.stoploansharks.co.uk/
But it also just happens to be one of their bi-annual social media weeks, so why don't you also engage with their posts on LinkedIn https://www.linkedin.com/company/stoploansharksengland/
I am on LinkedIn, too, and open to new genuine connections - https://www.linkedin.com/in/brendanlegrange) - please also follow the show's page while you're there.
Meanwhile, my action-adventure novels are on Amazon, some versions even for free), and my work with ConfirmU and our gamified psychometric scores is discussed at https://confirmu.com/) and on episode 24 of this show https://www.howtolendmoneytostrangers.show/episodes/episode-24)
And finally, I'm also co-creating a new podcast called hAIghtened senses) which will look at the intersection between human senses and technology, especially AI-powered technology. You can already start to follow it wherever you're listening to this one - there's only a trailer there at the moment, but we've recorded some of the early episodes and it's going to be a fun ride!
Keep well, Brendan
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