loan shark

someone who loans out money, usually short-term, at extortionate interest rates. Consequences of non-payment can be physically severe.

Jimmy the loan shark sent over two goons to collect the vig.

by Loopy July 20, 2004

loan shark

One who lends money at exorbitant interest rates, especially one financed and supported by an organized crime network.

If you owe a lot of money to the loan shark, he'll send some men to break your kneecaps.

by Warbear2 July 23, 2004

loan shark

someone who lends out large sums of money for outragous amounts of interest in return.

He borrowed $100,000 from a loan shark when he thought he was going to die. (armageddon)

by Homie J July 20, 2004

loan shark

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.

Jack was in danger of losing his house so he had to borrow money from a loan shark.

by The Catman July 24, 2004

loan shark

The assholes that you go to when your morgage goes under, except with heavier consequences when you front him money.

I just got my knees broken by these guys sent by a loan shark.

by Bennett July 18, 2004

loan shark

Capital one Bank (credit Cards)

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 23, 2004

loan shark

Someone that lends people money in emergencies, but with an extemely high interest rate, such as 100% or 200% of the original loan.

"Hey, man. You goin' to tha movies with me tonight?"
"Can't afford it, bro. I'm gonna be paying this loan shark back 'til the day I die."

by mciml2 July 16, 2004