someone who loans out money, usually short-term, at extortionate interest rates. Consequences of non-payment can be physically severe.
by Loopy July 20, 2004
Get the loan shark mug.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.
by ke6isf July 19, 2004
Get the loan shark mug.by Homie J July 20, 2004
Get the loan shark mug.Unlicensed moneylender, who preys on the weakest and most vulnerable members of society, and ensures continued repayments by threatening to send round some thugs to rough up those who don't pay.
by The Catman July 24, 2004
Get the loan shark mug.One who lends money at exorbitant interest rates, especially one financed and supported by an organized crime network.
by Warbear2 July 22, 2004
Get the loan shark mug.The assholes that you go to when your morgage goes under, except with heavier consequences when you front him money.
by Bennett July 18, 2004
Get the loan shark mug.My monthly credit card payment was one day late and they charged me £20 wich took me 1 penny over my limit meaning they charged me an extra £20. Total was £40 because they said that paying via debit card meant that although my money had come out of my bank, they would not receive it for 3 days.
by HeeBee Gee Bee July 22, 2004
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