loanshark

Illegal money lender

A loanshark is someone who lends money at exorbitant interest rates, typically operating outside legal banking systems and often using threats or violence to ensure repayment.

The term combines the predatory connotations of shark with the lending business.

Loansharking has historically been associated with organized crime, though the word now applies to any exploitative lender.

He borrowed five thousand from a loanshark and ended up owing triple that.

lending

debt

Money owed another

principal · default · creditor · collateral · installment · vig · juice · collection · overdue · balloon payment

criminal

mobster

Organized crime member

mafia · syndicate · thug · racketeering · extortion · intimidation · threats · coercion · shakedown · violence

predatory

usury

Extortionate money lending

gouging · extortionate · usurer · unconscionable · rapacious · excessive · sky-high · usurious · debt trap

Categories
Opposites
lending legitimacy

loansharkbank

Place holding deposits

credit union · savings and loan · community bank · mortgage company · building society

financial role

loansharkborrower

One who takes temporarily

debtor · client

economic benevolence

loansharkphilanthropist

Donor to charitable causes

benefactor · charitable donor · patron · angel investor · Good Samaritan

Family

loansharking, loansharks

Familiarity
Top 200,000
Profile
Used worldwide · Timeless · Concrete · Negative · Everyday, not technical · Rated PG