loan shark

noun Informal.
a person who lends money at excessively high rates of interest; usurer.

Origin:
1900–05, Americanism

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Based on the Random House Dictionary, © Random House, Inc. 2014.
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World English Dictionary
loan shark
 
n
informal a person who lends funds at illegal or exorbitant rates of interest

Collins English Dictionary - Complete & Unabridged 10th Edition
2009 © William Collins Sons & Co. Ltd. 1979, 1986 © HarperCollins
Publishers 1998, 2000, 2003, 2005, 2006, 2007, 2009
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Example sentences
We as a nation should not normalize loan shark practices.
There may have never been so opportune a time to look a loan shark in the eye and tell him to take a hike.
Even the risk of violence may be comparable between the legitimate sources of funding and the loan shark operations.
And the best way is not to go to your local loan shark and borrow money with a promise to pay back in the next payday.
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