Need Loan Shark Loans Online? Be careful! Loan Sharks are notorious for basically charging you whatever they want to charge you in interest and fees.
A Loan Shark is not regulated and you should not touch them with a barge pole! You have been warned.
Look for loan shark alternatives here
We know that sometimes things can get a bit desperate for cash to sort out a certain problem and if you apply online and get turned down, it starts to leave you short of options.
Representative 277.5% APR - Representative Example: Amount of credit: £750 for 12 months at £119.21 per month. Total repayment of £1430.52. Interest: £680.52. Interest rate: 140% pa (fixed). 277.5% APR Representative.
Some people do consider going to a loan shark as a last resort, but there should always be other loan and credit alternatives available to you.
If your problem is all credit types or debt related, there are companies that can help reduce the debt to manageable amounts and can get most of the debt written off.
They can also get the loan companies to freeze their interest charges, which means the debt is not getting progressively bigger each day.
If it is a loan you need, you might consider going to door to door lenders instead. These companies call at your house to fill in the paperwork and once approved, they will deliver the cash to your door. They will also call with you weekly to collect your loan repayments too.
Find out your loan options
If you have been turned down for a loan recently, you should still have credit options available to you.
If you need money in minutes between 100 and 2000, then a payday loan should be suitable. Repayment periods can be over a few months instead of just 1 month and the lenders will accept some poor credit history or a low credit score with payday all credit types.
Door to door loans are handy, as they not only deliver the loan cash to your door, but they also collect the weekly repayments at your door too. Once you build up a good relationship with them, they will give you further advances and for higher amounts too.
There are unsecured personal loan lenders that will lend you up to 25000 in loan credit, even with some adverse credit. Unsecured personal loans lenders links can be found on this page too.
Do not forget about credit cards as well, as there are a number of specialist lenders that could help you too. You can use your credit card to purchase things you need and some will allow you to take a cash advance on the credit card too.
Guarantor loans are another alternative to a loan shark, providing you have a suitable guarantor. Interest rates are quite competitive and your guarantor does not have to be a home owner.
The credit check is based on your guarantor and not on you. Loan credit amounts can be from 500 to 7500 in value.
If you are looking to buy a car or other vehicle, then there are specific lenders for car loan finance as well.