Have you been searching options for getting money fast and you are considering borrowing from private loan sharks and loan shark loans online?
Really? Do you not know that these people and organisations are not registered and in fact are illegal?
You need to tread carefully when looking for your next new loan and apply using the right website, otherwise you could get yourself into serious trouble financially.
Really need private loan sharks near me?
After reading this article, we hope that you reconsider the idea of going to private loan sharks near me and choose a more reliable and safe option, because you do have options no matter what your situation.
You may have bad debt or may be on a low income or even on benefits, but there are safe and reliable lenders that will accept your application for a new loan.
We advertise some options for you to consider and show you the certified lenders that will hopefully suit your circumstances.
Avoid private loan sharks at all costs
The disadvantages to taking out a loan with a private loan shark is:
- There is no set out payment plans. Interest rates also can be up to 25 times more compared to other lenders.
- Payments will be on the advantage of the private loan shark lender not based on what you can realistically afford.
- Private loan sharks are not authorised and so you are in the hands of the shark and are in danger of being taken advantage of.
Gemma, from London, wished she had known about all this before taking a loan out with a private loan shark.
Gemma was in a very difficult situation and desperately needed access to money fast, but had extremely poor credit and was accepted nowhere.
She was so desperate she went to a loan shark and has very much regretted it as it has driven her to the brink of depression.
The loan shark harassed Gemma on a weekly basis and demanded viciously 750 each month and she was in no position to pay this back.
The loan shark made Gemma a recluse as she was so frightened to leave her home in case she was harassed.
Please learn from Gemma’s experience and avoid a loan shark at all cost.
No matter what your situation is; low income, poor credit rating or on benefits, there are payday loan companies out there that will seek to help you.
Unlike loan shark loans, payday loan lenders are well certified, provide safe borrowing and provide a realistic and approachable attitude for lending.
If you need money fast forget about private loan sharks, you are better off with payday loan lenders.
Just click on the links on this page to be taken to trusted lenders.
You can also use our own payday loan application form for your new loan by going to the top Menu to get the links.
Our system will automatically match you with the best payday lender and terms and conditions, for your own particular financial circumstances.
Need Private Personal Loan Sharks near you in a hurry? Due to the credit crunch crises, many people are finding it very hard to get new loans and credit when they desperately need them.
A lot of people have had their credit scores and credit histories affected due to no fault of their own.
Unfortunately, the adverse data will remain on your credit history for 6 years until it is removed.
It is worth checking your credit history to make sure there are no mistakes on there as well, as these can be corrected if you find any.
You may also need to write to the credit agencies to have older information removed, as sometimes this does not happen automatically, although it should.
However, if you need private personal loan sharks, you should really think again for your own safety.
Do You Need Private Personal Loan Sharks?
Banks and building societies and raised their lending criteria so that you need to be whiter than white and as clear as crystal to apply and be accepted these days.
So, where do you turn to? Many people are considering approaching loan sharks either on line or in person nearby.
Not a good idea!
Loan Sharks are not regulated by the Financial Conduct Authority and can basically change whatever interest they want.
On top of that, if you miss a payment, there will be fees added on and interest on top of interest to pay.
You will have no rights and no method of recourse at all, so be very careful.
Private Lenders But Not Loan Sharks
If you have been refused a loan and you think it is because of bad credit, we have companies on this page that will consider all applications made to them and they will accept people who have some bad credit.
Why not click on the banners or links and submit an application on line today to see if you qualify.
All of the companies we use are registered and authorised, so you can apply with confidence today.
If you are still considering using a personal loan shark, you might want to instead apply to a door to door lender.
These loan companies have representatives who can call at your home and discuss your loan requirements with you.
The can help you to go through and complete the application form and gather all the information that is required.
Once accepted, they will deliver the cash to your home and place it right into your hand.
They will then call with you each week to collect your agreed and set repayments until the loan is paid off.
If you pay back and make your weekly payments on time, then this will enhance your credit standing with them and this will allow you to take out a new loan or further advance.
If you are interested in a door to door type of loan and want to find out more details, you can do just that by clicking on that link.
They are regulated by the Financial Conduct Authority which means peace of mind for you and they are a much safer option than when you think you need private personal loan sharks.
See also Private Loans.