This is list of Loan Shark Ebook, The Campaign Against the Loan Shark, Arthur Harold Ham, and Division of Remedial Loans, Russell Sage Foundation
The Campaign Against the Loan Shark
by Arthur Harold Ham
Loan shark racket
by New York (State). Temporary Commission of Investigation
by Robert Mayer
Loan sharks may conjure up an image of tough guys in fedoras looking to make a profit off of desperate people in dire financial straits, but in reality, lenders who advance small sums of cash at high interest rates until payday existed long before organized crime entered the trade. Today the businesses that fill this niche in the credit market prefer the name ‘payday lenders’ rather than loan sharks, but most large cities are still a hotbed of usurious lending, and the landscapes are dotted with their inviting and brightly colored storefronts. Despite their more respectable name, these predatory lenders have endured through regulation, prohibition, and the rise and fall of the mob since the late 1800s.
In this intriguing and accessible book, Mayer aptly assesses the consequences of high-interest lending–both for the people who borrow at such steep prices and for society as a whole. He argues that although some consumers gain from borrowing at high rates, payday lending in its modern form consistently traps many of the wage earners who pawn their postdated checks, leaving them worse off than they were before. Because payday lending regulations vary widely throughout the country, Mayer chose to focus his story on Chicago, a city that serves as a fine representative of the legacy of loan sharking. Quick Cash will engage policy analysts, economists, and regional historians, as wells as general readers interested in the fascinating story behind these unscrupulous lending operations that feed off America’s current tough economic times.
The Loan shark problem today
by Duke University. School of Law
Seduced by the Loan Shark
by Roxie Rivera
Gathering her courage and the four thousand dollars she has in savings, college co-ed Cassie bravely enters the bar where Hagen, Houston’s most feared loan shark, operates his criminal empire. Her brother Ronnie is in deep trouble and she’s his last hope. She just prays her payment will be enough to keep the knee-breakers at bay for a while longer.
Hagen shatters her hope when he informs her Ronnie owes far, far more than the four grand she’s scraped together. Feeling rather generous, Hagen presents her with an offer Cassie knows she can’t refuse: her body to settle the debt.
Though she expects a degrading, miserable experience, Cassie is shocked by Hagen’s seduction. Left breathless with pleasure after their encounter, Cassie discovers she can’t walk away from Hagen. But she’s flirting with danger now – and someone is bound to get hurt.
alpha male, mob romance, possessive hero, new adult, college romance, geek girl, loan shark, roxie rivera, her Russian protector, bad boy romance, tattoo, tattooed hero
Confronting Metaphor in Use
by Mara Sophia Zanotto, Lynne Cameron, Marilda do Couto Cavalcanti
by Charles R. Geisst
Looking for an investment return that could exceed 500 percent annually; maybe even twice that much?
Private, unregulated lending to high-risk borrowers is the answer, or at least it was in the United States for much of the period from the Civil War to the onset of the early decades of the twentieth century. Newspapers called the practice “loan sharking” because lenders employed the same ruthlessness as the great predators in the ocean. Slowly state and federal governments adopted laws and regulations curtailing the practice, but organized crime continued to operate much of the business. In the end, lending to high-margin investors contributed directly to the Wall Street crash of 1929.
Loan Sharks is the first history of predatory lending in the United States. It traces the origins of modern consumer lending to such older practices as salary buying and hidden interest charges. Yet, as Geisst shows, no-holds barred loan sharking is not a thing of the past. Many current lending practices employed today by credit card companies, payday lenders, and providers of consumer loans would have been easily recognizable at the end of the nineteenth century. Geisst demonstrates the still prevalent custom of lenders charging high interest rates, especially to risky borrowers, despite attempts to control the practice by individual states. Usury and loan sharking have not disappeared a century and a half after the predatory practices first raised public concern.