Category Archives: Loan Shark Info

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

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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A Loan Shark Relationship is Bad for Business

It doesn’t matter if you are starting a business or looking to expand your current operation, there may come a point when you require capital. While there are many ways to secure the funding you need, many business owners take the path of least resistance. Unfortunately, this can lead them toward a relationship with a…
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What’s the Real Cost of a Deal with a Loan Shark?

Loan sharks are skilled at making their “deal” look like the best of the best. For this reason, many people continue to move down this path when they need funds, such as to keep their business afloat. However, once you realize the real cost of a deal with a loan shark, you will come to…
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