It’s good to see GMP and Oldham Council working together to combat the dangerous behaviour of loan sharks, they prey on those who more often than not can least afford it.
With the financial pressures that Covid has brought to many across Oldham we need to get the message across how important it is not to turn to Loan Sharks.What can start of as a small loan to get you through the next week or month can soon become something that lasts for years to come, costs much more than you originally intended and often lead to violent intimidation.
If you think you’ve been a victim of a Loan Shark, call the 24/7 confidential helpline on 0300 555 2222, email: reportaloanshark@stoploansharks.gov.uk or use the online reporting form at: www.stoploansharks.co.uk
A good alternative for those in need of financial help is the Oldham Credit Union, the OCU is a not-for-profit financial co-operative, it is owned and run by its members. the OCU exists to promote financial inclusion within the Borough of Oldham and to make a key contribution to our towns economy.
The credit union doesn’t need to be just for those in need of help, anyone who lives or works in the Borough and is over 16 can become a member for free, more details about that can be found here: oldhamcreditunion.co.uk/
Jim McMahon OBE MP 