new data reveals they are often work colleagues or 'friends'
- Written by Adele Atkinson, Professor of Practice in Financial Literacy and Wellbeing, University of Birmingham
Malai Gambrill doesn’t sound like your typical loan shark. She was a woman in her early 50s working in a hospital in Gillingham, not far from London. She lent £3,000 to a colleague and supposed friend on the agreement that they would pay it back monthly, paying an extra £5 for each...