Results 111 to 120 of about 269 (136)

Estimating the size of the loan sharking market in Italy

Global Crime, 2014
In the current economic crisis, the risk is so high that entrepreneurs, commercial activities and even families may turn to the illegal market to obtain liquidity. This article proposes an estimate of the size of the usury credit market in Italy. The estimate is based on the assumption, provided by Guiso1, that before coming to a moneylender the ...
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Fishing for Sharks and Governing Small Loans

2009
Within the United States, borrowing money and buying goods and services over time was an intrinsic part of agricultural and commercial life from colonial times; indeed as Calder (1999) points out, cash represented a relatively scarce resource in the eighteenth and early nineteenth centuries and much trade was secured on the basis of credit and barter ...
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Borrowing in an Illegal Market: Contracting with Loan Sharks

Review of Economics and Statistics
Abstract Using over 11,000 unlicensed loans to over 1,000 borrowers in Singapore, we provide basic information about an understudied market: illegal moneylending. Borrowers and lenders interact frequently and rely primarily on relational contracts to enforce their agreements. Borrowers have high discount rates, often have gambling and/or
Lang, Kevin, Leong, Kaiwen, Li, Huailu, Xu, Haibo   +3 more
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A Tutorial on the Economics of Payday Lending: Loan Sharking or Risky Lending

SSRN Electronic Journal, 2017
The typical payday loan is for less than $500, has a maturity of two weeks, is secured by the borrower’s post-dated check or debit authorization, and carries a compound annual rate of interest that can easily exceed 10,000 percent. If you imagined the terms of illegal loan sharking you may not envision rates this high, and these loans are legal in 35 ...
John D. Martin, Arthur J. Keown
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A&E staff trained to spot signs of assault from loan sharks

Nursing Standard, 2012
Emergency nurses are receiving specialist training to spot patients who have been physically assaulted by illegal money lenders.
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Digital Loan Sharks in India & Regulatory Framework: An Assessment

14th International Conference on Theory and Practice of Electronic Governance, 2021
Kawaljit Kaur, P. Vigneswara Ilavarasan
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Determinants of Indebtedness Propensity: The Case of Indonesian MSME Borrowing to Loan Sharks [PDF]

, 2023
This study aims to determine the influence of financial literacy, financial management, and risk perception mediated by emotions on propensity of indebtedness of MSMEs to loan sharks in the city of Padang. The data were obtained through a online questionnaire and directly mee and meet directly with MSME owners in the field.
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Gamblers, Loan Sharks, and Third-Party Funders

2014
Abstract This chapter explores the participation of third-party funders acting within the scope of international arbitration, as well as the criticisms thereof. Popular contention suggests that litigation financing can lead to the corruption or commodification of justice — an issue that history has repeatedly rendered moot.
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Loan Sharks and Illegal Money Lending in Social Media

We uncover a novel, illegal credit market on social media where loan sharks offer digital loans. The study is based on semi-structured interviews with twelve lendees and five lenders from an Estonian social media loan market in Facebook, and five debt councillors experienced in assisting clients with such loans.
Kristjan Pulk, Laura Inno
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Loan Sharking

2002
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