Outrageously Funny Word Dictionary :: Loanshark

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What is the definition of loansharking? 🙋

👉 Loansharking is a financial practice where individuals or companies lend money to others in exchange for goods, services, or other assets, often with an interest rate higher than that of traditional lending. This can be done through various channels such as online platforms, credit unions, and banks. In the context of loansharking, it refers to the process of lending money to individuals without requiring collateral (such as a down payment) in order to secure the loan. The borrower typically pays back the loan


loansharking

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What is the definition of loanshark? 🙋

👉 Loanshark is a financial marketplace that connects borrowers with lenders and allows them to apply for personal loans, business loans or mortgages. It offers a wide range of products including payday loans, credit card debt consolidation, auto loans, home loans, and more. The platform also provides customer reviews, ratings, and information on loan terms, fees, and interest rates.


loanshark

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