Loan Sharks: How to Spot Predatory Lenders - Business Insider


5/25/2022 12:00:00 AM2 years 11 months ago
by Paul Kim

Loan sharks often charge high interest rates, usually beyond the legal limit outlined by state law.

As the name would suggest, loan sharks prey on vulnerable people in need of money with no other options. They're usually associated with organized crime, which has become increasingly more common on … [+6110 chars]

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