Loan Shark Interest

by Admin


Posted on September 28, 2018 at 20:00 PM

Reviewed by on Wednesday October 17 2018 Admin 7 out of 10 based on 98 user ratings
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Recent Posts For Loan Shark Interest

Loan Sharks and Interest Rates - Straight Dope Message Board
Fist off, a point is 1% of the principle amount. So this guy is supposedly charging 20% of the principle amount. That is plausible, since if you were borrowing $10,000 you would owe mr shark $10,000 plus $2,000 in interest.
Loan Sharks, Interest Rate Caps, and Deregulation
imposing interest rate caps on consumer credit will bring back the loans sharks that were said to have been starved into extinction by the policy of financial deregulation. This is the loan shark
Loan shark crackdown includes interest & fee caps, fit ...
The Government plans to cap the total interest and fees lenders can charge as part of a crackdown on loan sharks and truck shops. It's also planning to introduce a "fit and proper person" test for "high cost" lenders, door-to-door salespeople and truck shops.

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