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Loanshark problem?


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Laws were introduced a few years ago to counter the demands made from loan sharks. The problem is that loan sharks might actually be people who are often in uniform and / or are not the nicest people

What can possible go wrong?    First of all, why she used a loan shark? I would have left my gf or wife, or whatever if I heard she used service from a loan shark.    I heard about

You mean Preben from HA, Amad from Bosnia, Nikola from serbia, Juri from russia or Ali from pakistan is a better deal on your door back home? 😄     

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4 hours ago, Tagged said:

What can possible go wrong? 

 

First of all, why she used a loan shark? I would have left my gf or wife, or whatever if I heard she used service from a loan shark. 

 

I heard about simular cases, where the wife scared the husband to pay off, and off course there where no loan shark, and also another wife took loan to scare off husband to pay, and I heard about loan sharks got the message above, and did nothing about it except used months to settle it. . Never heard anyone had physical trouble so far, just empty threats. 

 

 

 

Couple of weeks back it was in the news media bout a loanshark was a arrested as he had paid a hitman to kill someone, wonder if that was over money owed ?

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12 hours ago, mstevens said:

Laws were introduced a few years ago to counter the demands made from loan sharks. The problem is that loan sharks might actually be people who are often in uniform and / or are not the nicest people in the world and will react in an unpleasant way if the law comes after them. Not the advice you want to hear, I am sure, but sometimes the best thing to do is to establish what the debt was for, how much it is and clear it once and for all.

 

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Had similar problem. only way is to demand to see agreement papers and if produced pay em off or if no see tell em to f off. worked for me 3 outta 4 got paid off. otherwise its a case of taking them on, which isn't advised, do a runner and hope they dont find you.

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Handle with great caution.

If the loan boys will talk not shoot try & get the details from them with the wife & if you have a friend in the constabulory  present.

I know a case  where paid the loan off but refused to pay the interest.

Sometimes it can be resolved

That is a recipe for disaster

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An ex of mine (ex because she had no money sense at all and I tired of bailing her out) did get seriously (face beaten to permanent disfigurement) beaten because of the money she owed. 

For months I had very unsavoury characters hanging around my condo looking for her. 

These are not your normal type debt collectors we encounter in the west

 

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There have been articles in TVF about loan sharks and government involvement.

People getting their properties back. Guess you try to find those articles and see what buro is dealing in that. 

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15 hours ago, Mountain Man said:

Does anyone have advice on how to deal with loansharks?

Don't.

 

unless you enjoy regularly getting visits from several unsavoury and aggressive people at the time, plus their lookouts on the street during deliberations inside the house, like my neighbours used to .. ..
 
If the Bank does not loan you money, you cannot afford to borrow. Easy rule.

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