Loan Shark Effect

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Posted on February 05, 2019 at 08:09 AM



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Loan Shark | Definition of Loan Shark by Merriam-Webster
Loan shark definition is - one who lends money to individuals at exorbitant rates of interest. one who lends money to individuals at exorbitant rates of interest… See the full definition. SINCE 1828. Menu. JOIN MWU Gain access to thousands of additional definitions and advanced search features—ad free! JOIN NOW ...
Loan Sharks, Interest Rate Caps, and Deregulation
Loan Sharks, Interest Rate Caps, and Deregulation Robert Mayer Abstract The specter of the loan shark is often conjured by advocates of price deregulation in the market for payday loans. If binding price caps are imposed, the argument goes, loan sharks will be spawned. This is the loan shark thesis.
Urban Dictionary: loan shark
A creditor.A person or agency that gives you a set amount of money and adds interest to that money so that you end up paying back more than you borrow. A perfect example is the college/student loan agencies.

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