News

Crowdsourced Financiers Strike Back At Loan Sharks

If you are among the millions of Americans who are searching for funding and do not wish to be taken advantage of by predatory lenders, then impact investing just may be the wave of the future. With lenders like Michelle Corson, who are determined to use their […]

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Tales of a Finance Executive Taking on a Loan Shark

You won’t believe what happened to this financial leader after being employed by some big name financial corporations. You’re not always satisfied by just making money. Mutaz Qubbaj started a company after working for years in the financial investment field. Qubbaj quit a job at a big […]

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Laws To Stop Door-To-Door Loan Sharks

People, who are suffering, are easy prey for companies to take advantage of. Mobile lenders or door-to-door lenders are making huge profits off of this fact. If someone is desperate to pay the bills or to put food on their table, and if they have bad credit […]

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Small Business Owners Turn To Loan Sharks For Help

As it becomes increasingly difficult for small business owners to receive a loan from reputable institutions, you are forced to turn to predatory lenders to receive the help you need to fund your small business. Take the case of Los Angeles restaurateur Jorge Rodriguez Assereto, for instance. […]

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Car Title Loan Service and Owner Charged With Loansharking

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Car title loans have become more popular over the years with more and more people finding themselves in deeper debt and bills piling up people see car title loans as an easy way to get through until their next payday. While this may be a temporary solution […]

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Woman Sets Herself On Fire After Failing To Repay Loan Shark

[PHOTO via NATION] Following the tragic news that a female farmer lit herself on fire after falling deeply in debt to a loan shark, police have refocused their efforts on regulating the activities of over 3,000 money lenders, none of whom are beholden to any financial institutions. […]

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Malaysian Loan Sharks And The Chaos That Ensues

Photo Courtesy of Asia One In Malaysian news, a homeowner is menaced and her property is attacked due to one of her former tenants being pursued by an angry loan shark. While the man who fled just in time seems to be out of the aggressor’s reach, […]

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Say Goodbye To Payday Lenders & Hello To Loan Sharks

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As of late, the payday loan industry has been shook to its core by changing rules and regulations. The Competition and Markets Authority has taken over the proceedings and is demanding a higher level of transparency from payday loan companies about what they charge and why they […]

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Teen Kills Parents To Repay Loan Shark

You simply don’t see stories like this very often. A teen killing their own parents and sister is already strange and disturbing enough, without all of the details that have leaked out afterwards. Your heart goes out to the family members that have been affected by this […]

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How to Become a Loan Shark

I recently came across a question on Yahoo Answers that begged the question, “How do I become a loan shark?” I found it to be quite disturbing…and I think you will too. Shame on whoever this person is. Why take advantage of people in need? To the […]

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