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3 Reasons to Avoid a Payday Loan

November 4, 2020October 30, 2018 by Chris

Many people turn to a payday loan when they need a small amount of money for a short period of time. While the opportunity is available, you need to think twice before you head down this financial path. Even if you have the best intentions, one slip up with a payday loan can cost you … Read more

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

How to Shop for the Best Possible Used Car Loan

October 7, 2018 by loansharks

Although buying a used car with cash may be the ideal situation, many consumers realize this is not reality. They soon come to the understanding that their only option is to take advantage of a used car loan. If you find yourself in this position, it would be in your best interest to compare multiple … Read more

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Choose a Credit Card Over a Payday Loan

January 1, 2019September 14, 2018 by Chris

There is never a good time to overspend on a credit card, but in some cases it’s the best way to secure the funds you need. For example, if you’re facing a major car repair or medical bill, you may need money in a hurry. While you have many options, some are better than others. … Read more

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Protect Your Parents From Loan Sharks, Predatory Lending

August 16, 2018 by Chris

As your parents age, it’s only natural to become more protective. This definitely holds true in regards to their finances, as you don’t want them to be taken advantage of. Unfortunately, there are people out there who prey on the elderly. They realize they’re no longer as sharp as they once were, and are more … 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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