A creditor. A person or agency that gives you a set amount of money and adds interest to that money so that you end up paying back more than you borrow.
A perfect example is the college/student loan agencies.
A perfect example is the college/student loan agencies.
by Crono February 25, 2003
Term for a person, usually a member of organized crime, offering loans without background checks, collateral, etc. etc., but charges insane interest ($100s, even $1000s per day in some cases), and has henchmen who will hurt or even kill those who do not repay the loan within a certain time (usually a week or so).
John got beat to shit by Loan Shark Tino Capellini's henchmen for not paying on time. If John doesn't pay Tino back by next week, they will kill him.
by Dispatch Kick Ass July 16, 2004
by shinobus July 21, 2004
A person from whom an informal, unregulated, short term loan can be acquired... Usually at usurious interest and with at least the presumption of physical danger to the borrower in the case of default.
The name comes from the ruthless and violent popular image of sharks, and basically assumes the lender hasconnections with organized crime.
Can also sometimes be applied to one who always seems just a bit too mercenary in thier "assistance" of friends.
The name comes from the ruthless and violent popular image of sharks, and basically assumes the lender hasconnections with organized crime.
Can also sometimes be applied to one who always seems just a bit too mercenary in thier "assistance" of friends.
My uncle was sick for two weeks, and missed a co-op payment. Now he has to get money from a loan shark, or he's on the street.
Bobby said he wouldn't give me a ride to work unless I gave him $15 for gas... What a loan shark.
Bobby said he wouldn't give me a ride to work unless I gave him $15 for gas... What a loan shark.
by Honor July 24, 2004
Someone who gives a loan and then charges insanely high interest rates, making it inpossible to pay back
by Big Robert July 23, 2004
"Shit that loan shark gonna break my legs, blow up my car, rape my wife and shit in my bed if i dont pay him soon."
by mikeyj MoFo July 18, 2004