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Why There’s No Time for a Loan Shark

August 26, 2016 by Chris

I’ll never be approved for a traditional bank loan. It takes too much time to complete an application. Nobody will give me money with my credit. Do any or all of those statements sound familiar? If so, you may have uttered them to yourself over and over again in the past. Unfortunately, when people begin … Read more

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Bank vs. Loan Shark: Why Banks Win

July 21, 2016 by Chris

There are many ways to get your hands on money, with some being better opportunities than others. As you compare banks and loan sharks, you’ll soon find that banks win out. And here is why: Reliability and reputation. When you do business with a loan shark, you never know what you are getting into. They … Read more

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Reasons to Believe You Need a Loan Shark

June 29, 2016 by Chris

Is your business in search of funding? Do you require money for personal reasons? If so, you know that there are many legitimate options out there. You also know that some of these may not work for you at the present time. At some point, you may begin to wonder if a loan shark is … Read more

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What to do if a Loan Shark Approaches You

May 26, 2016 by Chris

You are in the market for a loan. You know you have options, but don’t know what to do next. And then a loan shark approaches you. What they are offering may sound too good to be true – and it is. If you come in contact with a loan shark, it’s important that you … 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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