As part of Talk Money Week 2025 (3–7 November), Wave Community Bank is inviting local employers and residents to join a free webinar to raise awareness about the dangers of loan sharks and how to protect yourself and your community.
Loan sharks are illegal lenders who may appear friendly and helpful at first—but their loans come with extortionate interest, no paperwork, and serious risks, including threats or intimidation if repayments aren’t met.
Wave Community Bank has partnered with the Illegal Money Lending Team (IMLT) to deliver this important session, helping people and workplaces across the region stay safe and informed.
🔍 What the Webinar Covers
This short, engaging session will explore:
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What a loan shark is and how they operate
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How to recognise the signs that someone may be a victim
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The impact of illegal money lending on individuals, families, and communities
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What employers can do to shark-proof their policies and support affected staff
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Where to go for help and reporting
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How saving directly from wages with Wave Community Bank can help employees build financial resilience and reduce the risk of turning to illegal lenders
💬 Why It Matters
Illegal money lending can affect anyone, especially during times of financial pressure. Many victims don’t even realise they’re borrowing from an unlicensed lender until it’s too late.
By attending this webinar, you’ll gain practical knowledge to protect yourself, colleagues, and the wider community, while learning about safe, ethical financial options available locally.
🗓 Webinar Dates & How to Join
Wave Community Bank is offering two live sessions during Talk Money Week:
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Monday 3 November 2025 at 12:30pm
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Thursday 6 November 2025 at 4:00pm
You can attend live and ask questions or watch on-demand at a time that suits you or your team.
The webinar is free and open to employers, employees, and local residents.
✅ Register Now
Secure your place for one of the sessions and help build a financially informed and resilient community, free from illegal money lending.
👉 Register for the free webinar here
