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borrower isn't defined yet, but these are close:
1. cosign
- to agree to assume the payments on a loan to a hard lender such as a bank, not if but when, the borrower defaults on the loan.
"You realize Mr Snodgrass, that you are liable for the full payment of this loan or any unpaid balance thereof, should the borrower fail to meet his contractual obligations? And we're betting that he will based on his financial profile.
by Jim Burke Jul 2, 2005 share this
2. FB
Fucked Borrower. Very widely used in real estate blogs and informal circles. Refers to a formerly credit-rich but resource-strapped consumer who's collateral, savings, and foreseeable future income are below the value and terms of a loan they cannot sustain, refinance, or renegotiate. FB's face a bleak future of certain losses, and nearly certain bankruptcy, credit destruction, and long term cascading/follow-on financial and opportunity losses.
All those FBs and their greedy idiot lenders who bought houses with 100% down NINJA adjustable-rate mortgages in the so-called housing boom are dropping like flies!
3. ear-biter
Persistent borrower (as cited in Routledge Dictionary of Slang and others)
In the House of Lords, he was surrounded by what the old racing crowd used to call "ear-biters and getabits and chancers".
4. loan shark
A money lender who loans money to desperate borrowers at ridiculous terms, and uses criminal means to intimidate the money back from the borrower if they can't get the interest back.
The loan shark broke Peter's knees when he couldn't cough up $100.
by ke6isf Jul 19, 2004 share this
5. loan shark
A person from whom an informal, unregulated, short term loan can be acquired... Usually at usurious interest and with at least the presumption of physical danger to the borrower in the case of default.

The name comes from the ruthless and violent popular image of sharks, and basically assumes the lender hasconnections with organized crime.

Can also sometimes be applied to one who always seems just a bit too mercenary in thier "assistance" of friends.
My uncle was sick for two weeks, and missed a co-op payment. Now he has to get money from a loan shark, or he's on the street.

Bobby said he wouldn't give me a ride to work unless I gave him $15 for gas... What a loan shark.
by Honor Jul 24, 2004 share this
6. snatchbandit
noun.

usage: to describe someone who steals girlfriends and fucks other men's women.
I fucked Lucy, you know Tommy's girlfriend. I'm such a snatchbandit.
7. black hole
Someone notorious for not returning money borrowed from friends. ie. Steve Turkey
"dude, I wonder how much baby formula that black hole can buy with my money"
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