1. unscrupulous money lenders that charge exorbitant interest rates and impose draconian terms towards loan repayment.
2. loan sharking
3. One how embraces 'asymmetrical risks---the lender must pledge substantial assets to secure the load beyond the value of the loan.
2. loan sharking
3. One how embraces 'asymmetrical risks---the lender must pledge substantial assets to secure the load beyond the value of the loan.
by Island dweller February 24, 2013