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  2. Loan shark - Wikipedia

    en.wikipedia.org/wiki/Loan_shark

    A loan shark is a person who offers loans at extremely high or illegal interest rates, has strict terms of collection, and generally operates outside the law, often using the threat of violence or other illegal, aggressive, and extortionate actions when seeking to enforce the satisfaction of the debt. [1]

  3. Usury - Wikipedia

    en.wikipedia.org/wiki/Usury

    Default interest on late payments may be charged at up to 1.46 times the ordinary maximum (i.e., 21.9% to 29.2%), while pawn shops may charge interest of up to 9% per month (i.e., 108% per year, however, if the loan extends more than the normal short-term pawn shop loan, the 9% per month rate compounded can make the annual rate in excess of 180 ...

  4. Cleveland crime family - Wikipedia

    en.wikipedia.org/wiki/Cleveland_crime_family

    Ciasullo was raised in Collinwood and became a debt collector, bookmaker and loan shark in the family under John Scalish and James Licavoli. [75] He was believed by the FBI to have been a hitman. [76] On July 21, 1976, Ciasullo was severely wounded in a bombing at his home in Richmond Heights. [77]

  5. New York sues loan shark group accused of charging ... - AOL

    www.aol.com/finance/york-sues-loan-shark-group...

    New York sues loan shark group accused of charging Manhattan’s City Bakery and other small businesses ‘illegal’ rates of up to 820%. María Soledad Davila Calero. March 5, 2024 at 4:06 PM.

  6. 'Repaying a loan shark was three years of living hell' - AOL

    www.aol.com/repaying-loan-shark-three-years...

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  7. Best debt relief options for credit card debt - AOL

    www.aol.com/finance/best-debt-relief-options...

    Chapter 7 bankruptcy is ideal for unsecured loans (such as credit card debt), while Chapter 13 bankruptcy may be best if you have certain assets you want to keep.

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