Loan sharks in las vegas?
They don't exist here any more. They all have gone corporate. There is no limit to interest that can be charged, so all the loan sharks are legit. LOL Payday loan companies get about 300%. They have you sign a check. When the payment comes due, they cash the check. If it bounces, they turn it over to Metro fraud unit. You go to jail. LOL All legal. No leg breakers necessary.
Do Loan Sharks Still Exist?
I am not talking about PayDay Loans or Online Lenders (SCAM), I am talking about actual Loan Sharks. If they do exist, how do you go about finding them? I need help now & am willing/able to pay the interest they will charge. Please, do not reply to this question if all you have to say is something negative. I understand the risk. I would appreciate the help. Thanks, Timbo
I am looking for a loan shark in Las Vegas?
You don't find loan sharks online as they are illegal and nobody would ever list a loan shark's details online or that person would be arrested You go to the dodgiest bar you can find, the type that has lots of motorcycles and beat up pick ups out front. Don't ask for a loan right away. Sit at the bar and start talking to the bartender about how broke you are, how tough things are, etc. Then after a few drinks, ask him if he knows of anyone who does personal loans. Don't say the word loan shark or ask for a loan right away - they will think you are undercover Otherwise why not just get a payday loan or get a cash advance on your credit card? You can get both right away
What is the range of interest rates that "loan sharks" typically charge?
“Loan shark” is a derogatory term for a person who makes small, short-term, risky loans. It doesn’t make sense to speak of an “interest rate,” because the lender is not charging the borrower for the use of the funds, but rather to cover expected losses from defaulting borrowers and the expense of handling small transactions.If you take out a 30-year, fixed-rate mortgage for 80% of the purchase price of a single-family, detached home in a good neighborhood, the interest rate you are paying is for use of the bank’s money. There is very little risk to the bank in such a loan, and the costs are small relative to the principal amount.If you need $200 to pay a parking ticket—without which your driver’s license will be suspended and you will either risk a much bigger fine for driving without it or lose your job—and you won’t be able to repay the loan until payday next week, the economics are entirely different.There’s no security for the loan, and you obviously don’t have spare income if other unexpected expenses come up. Lenders know some loans will not be repaid. Also, the cost of arranging the transaction and collecting are significant fractions of the amount borrowed.If the lender asked for $220 back the following week, this annualizes to over a 14,000 percent interest rate. But clearly that’s not what’s going on here. The lender might be charging $5 for costs, $10 for expected credit losses and getting $5 for interest and profit. The lender isn’t getting rich on this deal, and it can be a great deal for the borrower.Although popular mythology holds that loan sharks use violence to collect, this is not accurate historically. You can’t run a profitable business hurting your customers, and it’s not worth beating someone up for the amounts of money involved. Traditional illegal lenders only lend to people embedded in social networks that make it unlikely that they will disappear or permanently refuse to pay.
Do Actual Loan Sharks Still Exist?
I have been trying to find an actual Loan Shark in Birmingham, AL for the last month & cannot find one. Do they still exist? If anyone has an answer to this, pls let me know. I am not talking about the scam Loan Sharks.
How much money do shark wranglers make?
Instructions 1 Learn how to scuba dive. You must be a certified diver to begin your career as a shark wrangler. While you can learn to dive without getting certified, in many areas you will not be permitted to dive without proof of training. Further, good training is essential in this line of work, and you should practice diving often in different conditions. 2 Educate yourself about sharks. There are a number of breeds and temperaments in the shark world. We know little about some types of sharks, but your job as the shark wrangler will be to know as much about them as possible. 3 Volunteer or work at a water park or aquarium with sharks. You should spend time around these animals in less dangerous waters first. You will be more in control of the situation and may not even get into shark tanks at these jobs, but you will get an idea for how to conduct yourself around them. 4 Find a mentor. There are not many shark wranglers out there, but if you can connect with one of them, then you should gain valuable insight into this world. Ask as many questions as you can and soak up any advice the professional wrangler gives you. A job with this person would be ideal, but just getting to spend time with a professional wrangler can give you an idea of what to expect on the job. 5 Try a swimming expedition first. Wrangling, an act in which you will need to bring the shark back with you is a tough skill to master. Swimming with sharks, though, requires mostly bravery and good diving skills. Once you feel comfortable with sharks, take a diving tour somewhere sharks frequent and swim around with them first without trying to touch them.