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Tuesday 30 May 2023 Dublin: 10°C

# loan sharks

All time
# Homelessness
'Unofficial money lenders' targeting people in queues at soup runs
A number of people who work or volunteer in the homelessness sector have raised concerns about the “worrying trend”.
Concerns have been raised about so-called “unofficial money lenders” targeting people as they queue in soup runs
A number of people who work or volunteer in the homelessness sector have warned about the "worrying trend"
People borrow small amounts of cash but are charged around 40% in interest, Órla Ryan reports
Dublin's homelessness authority to crack down on 'unofficial' services after ICHH scandal
# loan sharks
Two men and two women in Clare charged over illegal money lending
The four were among a group of 11 people arrested in garda raids in 2013.
# Debt
Families turning to moneylenders charging up to 200% interest ahead of Christmas
The majority of loans taken out this time last year were to cover debts consumers already had.
# loan sharks
No prosecutions but three garda investigations into illegal money lending
Families began to turn to loan sharks during the economic downturn.
# loan sharks
Eleven arrests in Co. Clare as gardaí probe illegal money lending
The arrests in Kilrush include five males aged between 18-55 years and six females aged between 20-49 years.
# loan sharks
The number of people jailed for illegal money-lending since 2005? Zero
New figures show no-one has been successfully prosecuted over the past seven years, despite the increase in families turning to loan sharks for financial help.