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What makes loan sharking illegal but payday loans aren't?

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You will find loan sharking in nearly every community in America. These illegal lenders are in small town and big cities. They are not easy to find, but loan sharks are looking for you. There are alternative. Try payday lenders for short term loans. Payday lending is meant to be issued faster and paid back in the short term. read more

Loan shark users like payday borrowers are not the most sophisticated consumers, so instead of competing on interest rates (which consumers don't seem to care much about) lenders compete on location and services. This is why you see more check cashing places than Starbucks and they all offer the same exorbitant rates. read more

What Is Loan Sharking And Is It Illegal. Whether you are a real estate agent looking to grow your business or a loan officer that needs help getting your real estate clients found online I can help. MoneyMutual makes it fast and easy to find a short term payday and cash advance lender for fast cash in as little as 24 hours. read more

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Payday Loans vs. Loan Sharking
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