Fighting Back
Protect Yourself From Predatory Lenders Use your financial common sense; if you can’t afford it, you shouldn’t buy it. Plan a realistic budget and stick to it. Have a savings plan soRead More…
All posts by loansharks
Modern Day Predatory Lending
There is no legal definition for predatory lending, but it generally includes the use of unethical practices by lenders who use tactics that skirt around the law. They might give unfair loanRead More…
The History of Loan Sharks
Loan sharking is the practice of lending money to desperate people at extremely high and illegal rates of interest. Loan sharks, or shylocks, make a big profit from people who can’t getRead More…
What’s a Loan Shark?
Who Are Loan Sharks Anyway? Loan sharking is the practice of lending money to desperate people at extremely high and illegal rates of interest. Owing money to a shark may feel likeRead More…