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What is loan shark?One who is known to loan money to folks around there neighborhood, but with interest in mind. If you fail to re-pay them on time expect drastic consequences (ie. bodily harm or worse).
loan shark - videoLoan shark - what is it?A shark is obviously something that has the capacity to bite you in the ass. A loan shark is someone who will lend you money, assumming you will pay him/her back in a rediciously large amount of intrest. (You borrow $3000, and owe him $300 a month for 2 years) damnit! I can't get out of this gayass house cause some loan shark is eating up all my money. What does "loan shark" mean?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 - what does it mean?Any credit card company. Visa, Mastercard, American Express..... Loan shark - meaningsome 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 - definitionSomeone 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 - slangA 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 sharkPawn 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 sharkTerm 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. |
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