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Chris

How to Break the Loan Shark Cycle

September 27, 2017 by Chris

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 … Read more

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Don’t Let Desperation Lead You to a Loan Shark

August 28, 2017 by Chris

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 … Read more

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Loan Sharks are Pros at Selling Themselves

July 12, 2017 by Chris

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 … Read more

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A Loan Shark Relationship is Bad for Business

June 30, 2017 by Chris

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 … Read more

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LoanSharks.com recommends that you look into consolidating high interest loans with your local Credit Union, but we understand that obtaining a loan from an on-line lender may also be a good approach. We recommend that you compare rates and fees before committing to any loan. Here are financial resources to help guide you with debt help and lenders. If you are looking for a loan instead, you can do so here.

What Can You Do?

We’re fighting for healthy lending! It takes both demand and supply to create a marketplace. You can do your part by reducing demand for predatory lending by learning more about good loan practices, and how you should shop for loans.

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