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Loan Shark

Posted on 04 March, 2018 by Caterina
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cbrtindia.com -Loan Shark A loan shark is a person who offers loans at extremely high interest rates, has strict terms of collection upon failure, and operates outside off the street (outside of local authority). The term usually refers to illegal activity, but may also refer to predatory lending with extremely high interest rates such as payday or title loans.

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Loan Shark definition. A loan shark is a person who – or an entity that – charges borrowers interest above an established legal rate. Often loan sharks are members of organized groups offering short-term loans who

Money advice service. Loan sharks are illegal lenders who often target low income and desperate families. They might seem friendly at first but borrowing from them is never a good idea – even if you feel you have no other options.

Loan shark synonyms, loan shark antonyms. We know that every subject now has its literature, from "votes for women" to the extermination of the house fly or the loan shark. Then the loan shark sends in a statement of the account, and, if the manufacturer complains, begins to show his teeth.

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