Search results
Results from the WOW.Com Content Network
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]
A loan shark is an individual who loans money at high interest. Loan shark and Loanshark may also refer to: Loan Shark, a 1952 American crime film noir; Loanshark, a 1999 American crime film "Loanshark Blues", a song from the Rory Gallagher album Defender
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 ...
shy: the interest charged on loans by loan sharks. shylock business: the business of loansharking. sitdown: a meeting, esp. with another family. soldier: the bottom-level member of an organized crime family who is made. spring cleaning: cleaning up, hiding or getting rid of evidence. straighten out, getting straightened out: becoming a made guy
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.
Card-sharpers by Candlelight (1845) by Feliks Pęczarski, National Museum in Warsaw. According to the prevailing etymological theory, the term "shark", originally meaning "parasite" or "one who preys upon others" (cf. loan shark), derives from German Schorke or Schurke ('rogue' or 'rascal'), as did the English word "shirk[er]".
For premium support please call: 800-290-4726 more ways to reach us
This page was last edited on 18 March 2006, at 02:52 (UTC).; Text is available under the Creative Commons Attribution-ShareAlike 4.0 License; additional terms may ...