Helping customers to manage their money and stay safe

Residents are being urged to stay alert following reports of illegal money lenders – known as loan sharks – operating in County Durham.

Housing association believe housing is working with Durham County Council to raise awareness of the risks and help protect people from harm.

Together, believe housing’s Money Matters Team and team members from the council’s Neighbourhoods and Environment service, along with Durham Constabulary and NEFirst Credit Union, have been speaking directly with residents in the east of the county, following reports of loan sharks, and sharing advice on how to spot and report illegal lending.

The teams are also promoting safer ways to borrow and save money, such as joining a credit union, and encouraging people to seek support instead of turning to unsafe lenders.