Coverage in Financial Times of Fair4All Finance's new report 'As One Door Closes' on Illegal Money Lending suggests huge growth in illegal money lending with 3 million people having used them over the past three years. #LoanSharks #ResponsibleFinance ft.com/content/1e27d9…

Overwhelmed with the reaction to our 'As one door closes' report into illegal moneylending - it reinforces the importance of this issue, and the impact it has on those being let down by the current market.

Excellent research. Illegal money lenders are back on the rise. 3m were declined for credit last year, many would have resorted to these. Community lenders, credit unions & banks all have a shared role to put a stop to this Five Lamps Conduit Loans

Worth a read of this report. Watch BBC Newsnight later 3million people using loan sharks, door step lenders #illegallenders x.com/fair4allfinanc…

Read our latest customer experience story to find out how we helped Chantelle during a period of financial hardship: conduit.org.uk/chantelle-newc… #stoploansharks #CostOfLivingCrisis #CDFI #affordableloans #responsiblelender

"Hayden's victims said that he had a "habit of sucking you in" and when they started to struggle with repayments they "saw the other side of him". " If you have borrowed from a loan shark or are worried about someone else, please contact Scottish Illegal Money Lending Unit bbc.co.uk/news/uk-englan…

new post: IVA scammers pretending to be bailiffs or the FCA debtcamel.co.uk/iva-scammers-p… CIVEA Financial Conduct Authority

People are still struggling to afford daily living costs. It is no longer a crisis, and is becoming the new normal. 😩 By the end of September, Citizens Advice had already helped more people who cannot top up their prepayment meter than they did in 2022. wearecitizensadvice.org.uk

Living with a negative budget means being forced into debt as this is the only way to cover crucial living essentials. Avoid loan sharks! Seek help from Five Lamps Conduit to get the support you need, at the affordability you can live with.

The winter months can make it much more difficult for individuals and families. ❄️ Remember to use the support services across the Borough to get the help you need. ❄️ stockton.gov.uk/article/11483/… ❄️ Stockton-on-Tees Borough Council

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Come along to The Youthy tomorrow (Saturday 23rd of December) 11am-2pm for FREE soup, a roll and a hot drink. We will have first come first served FREE access to the climbing wall. Our Preloved Pop-up shop will also be available upstairs - lift available. 🎅🏻🎄

Merry Christmas! We hope you have a wonderful day. From the team at Five Lamps Conduit. 🎄

And just like that 2023 is coming to an end. 💙 Five Lamps’ Conduit would like to thank everyone who has helped us make a difference to so many lives this year. Without you, we couldn’t do the jobs we love. ✨ We will see you in 2024. ✨ Have a lovely evening and stay safe.

Christmas and the long month which is January can be a stressful time. If you have recently missed a payment, or are worried you may struggle to meet your next payment, please contact us on 0300 111 0556. For any further help, please go to moneyadviceservice.org.uk

Happy Good Friday to all who celebrate, we hope you have a lovely weekend 🌸

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Eid Mubarak to all who celebrate 🌙 From all of the team here at Five Lamps

Loan sharks deceive borrowers into blaming themselves for a situation, but it’s the illegal lenders who are at fault. No blame falls on the borrower. Stop Loan Sharks England can help and support anyone dealing with a loan shark. #stoploansharksengland #noblamenoshame