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How to Get a Personal Loan with Bad Credit

December 13, 2017 by loansharks

Life throws you lemons and puts you in situations you wish you were not in. Sometimes you need a little help financially, but you may feel as though you are unable to get help because you have bad credit. Fortunately, there are ways to get a loan even if you have bed/terrible credit, and I … Read more

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Why Personal Loans Are Sometimes a Good Idea

December 13, 2017 by loansharks

​Financial advisors generally tell you to avoid getting personal loans. Those financial advisors are usually right, but there are some situations in which obtaining a personal loan may be a good idea. Below are a few situations in which getting a personal loan may be a good idea. Need immediate funding – If you have … Read more

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Loan Shark Alternatives: They Absolutely Exist

November 29, 2017 by Chris

As unfortunate as it may be, there are people out there who think they have no choice but to rely on the “services” of a loan shark. While this may be the path of least resistance – at least upfront – you need to consider the long term impact of this decision. Once you learn … Read more

Categories Loan Sharks: News, Tips, Warnings & Real Stories 1 Comment

Reasons to Choose a Credit Card Over a Loan Shark

October 23, 2017 by Chris

At first glance, you may assume that borrowing money from a loan shark is the best decision you can make. Even if you realize that it’s a risk, you could fall in love with the idea of securing a large amount of money with little to no paperwork. However, this is never a decision you … Read more

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LoanSharks.com recommends that you look into consolidating high interest loans with your local Credit Union, but we understand that obtaining a loan from an on-line lender may also be a good approach. We recommend that you compare rates and fees before committing to any loan. Here are financial resources to help guide you with debt help and lenders. If you are looking for a loan instead, you can do so here.

What Can You Do?

We’re fighting for healthy lending! It takes both demand and supply to create a marketplace. You can do your part by reducing demand for predatory lending by learning more about good loan practices, and how you should shop for loans.

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