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A loan shark is a person who offers loans at extremely high or illegal interest rates, has strict terms of collection, and generally operates outside the law, often using the threat of violence or other illegal, aggressive, and extortionate actions when seeking to enforce the satisfaction of the debt. [1]
A loan may be considered usurious because of excessive or abusive interest rates or other factors defined by the laws of a state. Someone who practices usury can be called a usurer, but in modern colloquial English may be called a loan shark.
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Bruno Lopes-Ferreira, 30, is charged with second-degree criminal usury, second-degree engaging in the business of criminal usury and more.
The spelling is the anglicised version of the Hindustani word daaku, "dacoit" / d ə ˈ k ɔɪ t / is a colloquial Indian English word with this meaning, it appears in the Glossary of Colloquial Anglo-Indian Words and Phrases (1903). [24] Banditry is criminal activity involving robbery by groups of armed bandits.
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Sharking may refer to: Card sharking or sharping, use of skill and/or deception to win at card games; Pool sharking (which has multiple meanings) Loan sharking, lending money at extremely high interest rates; Sharking or debagging, slang for the pulling down of someone's pants, underwear, top, or other clothing, usually against their will
Perry recalled his mother encouraging him to work at the phone company to make money before she realized he was destined for another path. “I heard the best quote and I can’t remember who ...