With the recession still biting, the coalition government revealing more cuts and the cost of living rising every day, it's no surprise that demand for debt management in Birmingham is on the up. Although Britain narrowly missed slipping into a triple-dip recession by the skin of its teeth, the recovery is still not happening for heavily-indebted and long-suffering people of the Midlands. More people are searching for debt management services and debt help in birmingham than ever before.
With prices of food, fuel and utilities rising, public sector workers being made redundant, high street shops closing down and a stagnant jobs market, times are hard for Birmingham residents, and many are suffering debt problems as a result.
Unfortunately it tends to be times like these when vulnerable people get taken advantage of, as has been revealed in an article in the Birmingham Mail last week. It has been reported that people are so desperate to get their hands on short-term cash to see them through from month to month, that many have been using the services of illegal loan sharks in order to get by.
One such loan shark operating in the Birmingham area has recently been arrested and faces jail as a result of his illegal activities. Shockingly, the revelation that more than a million pounds was found to be in his bank account without any explanation gives some idea as to the scale of the loan shark industry and the profits that sharks can make out of peoples debt misery.
The Birmingham arrests have come as part of a nationwide hunt by the police to trackdown and prosecute loan sharks, with 222 people so far being caught and sentanced. The authorities have issued a text message number to contact if you have been a victim of illegal activity by loan sharks - text "loan shark" to 60003.
UK Money Solutions urges the people of Birmingham to never ever use the services of a loan shark - no matter how bad your situation may seem, there is always a better alternative than turning to these criminals. If you are snowed under with debt, then borrowing more is rarely the best way to solve this problem, and debt management services may be a better option to take. Call us free today on 08000 748 059 or for click this link for immediate debt help in Birmingham.
