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Podcast: How to Lend Money to Strangers
Episode: Fighting illegal money lending, with Catherine Wohlers (Stop Loan Sharks)
Description: 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.s...