a party that charges rediculously high interest rates in return for financing short-term, high-risk loans. historically a member of organized crime, these days it's likely a "pay day loan" business.
i needed a quick $300 so i took out a pay day loan. those loan sharks charged me 782% interest
© 1999-2015 Urban Dictionary ®
Free Daily Email
Type your email address below to get our free Urban Word of the Day every morning!
Emails are sent from email@example.com. We'll never spam you.