Category Archives: Loan Shark Info

Consumer education to protect against obtaining loans from high rate illegal lenders.

Reasons to Choose a Credit Card Over a Loan Shark

At first glance, you may assume that borrowing money from a loan shark is the best decision you can make. Even if you realize that it’s a risk, you could fall in love with the idea of securing a large amount of money with little to no paperwork. However, this is never a decision you…
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How to Break the Loan Shark Cycle

Are you in the habit of relying on loan sharks to get by? Do you continue to take one loan after the next, never knowing how to bring an end to the cycle? From the outside looking in, it appears easy enough to put an end to this. All you have to do is pay…
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Don’t Let Desperation Lead You to a Loan Shark

Are you in a desperate financial situation? Are you seeking immediate cash that can help reduce your stress and put you on a better path? If you answered yes to these questions, it’s likely that you’re open to considering all your options. If desperation sets in, it’s only natural to turn your attention to a…
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Loan Sharks are Pros at Selling Themselves

There are many reasons why loan sharks are able to generate business, time and time again. At the top of this list is their ability to make their “products and services” appear more appealing than those from the competition, such as traditional banks. Simply put, many loan sharks are pros at selling themselves. They know…
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