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Here are six tips to help you avoid getting scammed by a loan shark on craigslist: If you decide to get personal loans from a loan shark, you will ...Pawnshops. Pawnshops put an extremely low value on customer’s goods and a very high markup on the same goods when reselling. Although, known as legal loan sharks, and similar to other bad credit lenders, pawnshops benefit from poor areas. Good news is that you can always get your goods back if you pay off the loan in time. 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Learn how to identify and report a loan shark, and find out where to get safe and affordable credit.A loan shark working in the UK is not the same as working in the USA. You can check that a loan shark is legitimate by consulting the published listings (if you live in the UK) of the Financial Conduct Authority (FCA). Remember that even if this lender is legally constituted, he breaks the law if he threatens you.LOAN SHARKS: A charge of 5%-20% of the loan amount is assessed. Loan fees, processing fees, inspection fees, financing fees, lender fees, broker fees, origination fees, document fees, legal review fees, warehousing fees, appraisal review fees, etc. These are just a few of the names used by evil SHARK to cover their hidden costs.Business Loan or Credit Line / Same Day / $5,000-$500,000 / 1 Page App · miami / dade county · 10/24 pic. hide. Private Money/Hard Money Equity Driven Lite Doc, No Credit sfr, condo · 1-HR APPROVALS. Owner Occupied, call today 8139656967 · 10/24. 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