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because they dont pay

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13y ago

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Why sometimes are called loan sharks?

A loan shark isn't actually a shark like the animal. It's a man or woman who will loan you money, and become ruthless when you don't pay it on time.


What is the interest called when you borrow money from loan sharks?

Interest from a loan shark is the "Vig" or "juice" as it was called. Vig is short for Vigorish.


Who charges the highest on interest rate loans?

They are called loan sharks.


What type of sharks are mammals?

Loan sharks.


Where are loan sharks in toontown?

Loan Sharks are ONLY in buildings and ONLY are around on the streets if there is a invasion.


Are there sharks in west London?

Only loan sharks.


How can someone get a business loan with bad credit?

Someone can get a business loan with bad credit if one considers alternative sources. Some such sources include web-based lenders and microlenders. Another potentially risky bank option is a home equity line of credit.


Who deals with goldfish loans?

Loan Sharks


Why do loan sharks exist?

Because of greed.


What are people that are unlicensed lenders who charge illegal rates called?

Loan sharks. If they've a license, it's a payday loan, advance check cashing or sub-prime credit card company.


How much interest can be put on a 1400 loan?

In many countries there are no limits on what loan sharks can charge.


Are cash advance loan companies loan sharks?

Almost all cash advance companines are loan sharks. I have never heard of someone who has dealt with a cash advance store who has felt like they haven't been taken advantage of.