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

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

    For premium support please call: 800-290-4726 more ways to reach us

  4. Sarakin - Wikipedia

    en.wikipedia.org/wiki/Sarakin

    Loan rates used to be as high as 29.2%, substantial given that official interest rates are near zero. After an outcry at the high levels of debt and the repayment tactics, a law in 2006 capped interest rates at 20% by 2010, and regulated collection methods. Loans were also not allowed to exceed one-third of an annual salary. [1]

  5. Vigorish - Wikipedia

    en.wikipedia.org/wiki/Vigorish

    Vigorish (also known as juice, under-juice, the cut, the take, the margin, the house edge or the vig) is the fee charged by a bookmaker for accepting a gambler's wager. In American English, it can also refer to the interest owed a loanshark in consideration for credit.

  6. New York sues loan shark group accused of charging Manhattan ...

    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

  7. How to consolidate debt without hurting your credit

    www.aol.com/finance/consolidate-debt-without...

    Faster debt repayment: The main advantage of consolidating debt is combining multiple monthly payments into a single monthly payment. This allows you to direct your payments to a single source.

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