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What is Loan Shark?a loan shark is someone who'll give someone else a loan (usually a pretty large sum) and then charge a ridiculous amount of interest. when the loan wasn't paid they would usually use force to get their money. this term, or, ahem, profession is usually linked to the mafia. Paul Castellano took a large portion of Roy DeMeo's loan sharking income. Loan Shark - videoLoan Shark - what is it?Any credit card company. Visa, Mastercard, American Express..... What does "Loan Shark" mean?some body who'll loan ya some money and break legs if u dont pay it back in time. "Shit that loan shark gonna break my legs, blow up my car, rape my wife and shit in my bed if i dont pay him soon." Loan Shark - what does it mean?Someone who gives a loan and then charges insanely high interest rates, making it inpossible to pay back john didnt have the money so tiny mike the loanshark broke his legs with a bat Loan Shark - meaningA person from whom an informal, unregulated, short term loan can be acquired... Usually at usurious interest and with at least the presumption of physical danger to the borrower in the case of default. My uncle was sick for two weeks, and missed a co-op payment. Now he has to get money from a loan shark, or he's on the street. Loan Shark - definitionPawn broker or a bookie that has no morals and would cut your ass quickly if you default on a loan. If you need ends (money), go see JZ on 28th. He'll hook you up but your ass is his collateral. Loan Shark - slangTerm for a person, usually a member of organized crime, offering loans without background checks, collateral, etc. etc., but charges insane interest ($100s, even $1000s per day in some cases), and has henchmen who will hurt or even kill those who do not repay the loan within a certain time (usually a week or so). John got beat to shit by Loan Shark Tino Capellini's henchmen for not paying on time. If John doesn't pay Tino back by next week, they will kill him. Loan SharkA 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. That loan shark doubled his rate after I missed paying him by one day. Loan SharkSomeone who commits the crime of usury; loans you money and charges extremely (and illegally)high interest on said loan. James borrowed $100,000 from the loan shark and now he wants $170,000 back. Loan SharkA member in organized crimes that loans an amount of money to people that are in need of fast, easy money. Loan Sharks tend to be violent if the client does not pay up, also ask for a much higher cash return then what was originally given. Guy 1: Hey what happened to Louis? |
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