Sheila said: “Loan sharks can pose as helpful and friendly people in times of need- but this behavior quickly changes if repayments are not met.

“Some of the tell-tale signs of loan sharking include cash loans without paperwork, use of benefit or bank cards as security and threatening behavior or violence to get money.

There is another way: speak to us about fair and affordable loans that will work for you and your circumstances.”

If you are concerned about someone you know potentially being a victim of loan sharks, the Stop Loan Sharks helpline service(0300 555 2222).You can also use thecontact formfound on the homepage to request a call back at a time that’s safe for you.