Preventing and Awareness of Loan Shark

PARCA is working with the England Illegal Money Lending Team that want to raise awareness of the issues of illegal money lending. The money available has come from the proceeds of crime taken from convicted illegal money lenders.  

Illegal Money Lenders, more commonly known as Loan Sharks, lend money without having the correct permissions from the Financial Conduct Authority (FCA). They often give cash loans out without any paperwork and charge extortionate interest rates. When you struggle to make repayments, they may use violence, threats, and intimidation, to ensure you keep paying them.

We will translate the information provided by the Illegal Money Lending Team into different languages so that it can be understood by more of the international community in Peterborough. 

Holding Hands Together for Development Across All Communities.

We are looking for volunteers who can support us to translate in video and by writing in following languages:

  • French
  • Tigrinya
  • Amharic
  • Farsi
  • Polish
  • Latvian
  • Lithuanian
  • Portuguese / Tatune

Please email us to enquiries@parcaltd.org