A Last Resort For Financial Troubles? Need Loan Shark Today?
If you are seriously asking if you need loan shark ASAP, then you are probably in serious financial trouble. Most people would never dream of speaking with a loan shark because of the vicious connotations. The media has done a great job of showing how bad things can get when you borrow money from a loan shark, and for once the media is not exaggerating. If you think you need a loan shark, then please reconsider. This article will help you find some great alternatives to your problems.
I Need Money Now!
If you need loan shark, then you obviously need money right now. But, do you really need that money now? What exactly do you need money for? You might think that this is a dire need, but really step back and look at your situation. Can you get by without the money, or can you work out the problem another way?
For example, are you using the money to pay off credit cards or for a certain procedure? If so, then you can usually speak with the establishment that needs the money. It’s much better to have some small penalties than to go to a loan shark.
I Like My Fingers
If you’re human, then you like keeping your fingers. If you need a loan shark now, then you might lose one or many of them very soon. The truth is that loan sharks are very dangerous people when they don’t get their money. You will typically be fine if you pay everything on time (though you still shouldn’t see one), but things can get very dangerous if you default even once.
If you’re lucky, then the loan shark will be compassionate and he will just dramatically increase the interest. You might end up paying double or triple the amount, and it gets even worse after that first default. The loan shark will usually send people after you as intimidation, but soon it will turn to actual violence and they will beat you up.
If you have friends and family, then they might also get involved if you need loan shark. They might get hurt, or the loan shark might use his influence to indirectly hurt them.
I Don’t Want to Pay Forever
You obviously don’t want to pay your debt back forever. You just want money now, and then you want to forget about this momentary lull in your life. However, if you need loan shark, then this won’t be a momentary lull. You will end up paying the debt for years and years, and you might never pay it off.
The biggest problem is that loan shark loans aren’t documented, and they aren’t regulated by any laws because they are illegal. This means that the loan shark can change their rates whenever they want, and they might “forget” about a payment, especially if you defaulted one or more times.
Real establishments, like banks, payday loans and car loans have rules and laws. This protects you not only from violence, but from poor lending. It ensures that you are protected, and that you can actually pay off the loans when you start giving money to the establishment.
I Have Bad Credit
Very few people need loan shark immediately. They try to go through banks first to get a loan. While banks are better because they are fiercely regulated, you can get large loans and the interest rate is nominal, they have very aggressive credit checks. Even people with moderate credit might have a hard time getting a loan. This means that some people, especially those very desperate for money, think they need some kind of loan shark.
If you need money but you have bad credit, they get a bad credit payday loan. These are loans that you can get even if you have poor or no credit. This is because most payday loan places don’t check your credit. They will typically check your identity and workplace, but not your credit.
They make up for this by charging very high interest rates. While the interest rates are high, they are usually much lower than a loan shark, and they are regulated. The state governs what the interest rate is, and the payday loan establishment can’t increase the rate because it feels like it. This ensures that you have a fair chance to pay off the loan, and it also ensures that you can get a loan even if you don’t have the best credit score.
I Just Need a Little
There are also some people that just need a little bit of money, like $200.00 or less. Some people are so desperate that they think they need a loan shark for this paltry sum. If this describes you, then you definitely don’t need loan shark. Payday loans can give out this much money without any problems, but a loan shark might intimidate or assault you for wasting his time because they only want to deal with larger loans.
If you need a larger loan, then there is something else open to you: car loans. Car loans are similar to payday loans, but you can usually get more money. This is because the loan is set against your car. If you default, then your car is taken away. However, if you pay everything on time, then you keep your car and the debt will be gone.
The truth is that you never really need a loan shark. You might think you do, but you can often get around your financial problems without resorting to something illegal and dangerous. You can restructure current loans, find cheaper ways to get around your problem or get a payday or car loan.
If you think you need loan shark, then stop thinking that way right now. The best way to get instant cash without worrying about being intimidated is using a payday or car loan establishment. You may end up paying a lot in interest, but you are safe because they loans are regulated, and you can still get the money very quickly.