This is a story from England.
"Loan sharks" are defined as people who "charge huge rates of interest". In Canada we call these "pay day loan companies" and they operate out of store fronts - they are usually yellow for some reason. They charge rates of interest which are criminal - as defined by the Criminal Code of Canada. But instead of "government's efforts to reduce financial exclusion" as in the UK, our governments are doing everything they can to allow these leaches on the poor to continue to operate.