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Loan Sharks: What You Need to Know

Loan sharks offer money outside the protections of legitimate lending, often charging extremely high interest and using pressure or threats to collect. LoanSharks.com explains how loan sharks operate, how to recognize illegal and predatory lending, what to do if you are already dealing with a loan shark, and where to find safer ways to borrow money.

LoanSharks.com is a consumer education resource. We do not provide, broker, or connect visitors with loans from unlicensed lenders, and nothing here is legal or financial advice.