There may be times when you need to borrow money if you have bad credit or need money in a hurry you might be tempted to borrow from an illegal lender also known as a “Loan Shark“. A loan shark is anyone who lends money without a license and can’t provide you with a credit agreement. Loan sharks actually don’t want you to pay off the loan they will keep lending you more money, they probably won’t be very clear about the interest rate but it will be very high.
So you pay back a lot more than you borrowed. So if your looking for your local loan shark in Manchester don’t bother it is not worth the risk. These days people have so many options when it comes to borrowing money. The best option when you need money ASAP is installment loans. These loans are less interest than payday loans and easier to pay off than credit cards. You still qualify for an installment loan if you have bad credit. We have found an installment loan broker you can check the site below, and stay away from your local loan shark.