A plaque remaining from the Big Apple Night Club at West 135th Street and Seventh Avenue in Harlem.

Above, a 1934 plaque from the Big Apple Night Club at West 135th Street and Seventh Avenue in Harlem. Discarded as trash in 2006.

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Entry from October 21, 2012
Loan Shark

Entry in progress—B.P.

The International Monetary Fund (IMF) has been called the “loan shark of last resort” since at least 2011.

Wiktionary: loan shark
Noun
loan shark
(plural loan sharks)
1. Someone who lends money at exorbitant rates of interest.
Synonyms
. usurer


Wikipedia: Loan shark
A loan shark is a person or body that offers loans at extremely high interest rates. The term usually refers to illegal activity, but may also refer to predatory lending with extremely high interest rates such as payday or title loans. Loan sharks sometimes enforce repayment by blackmail or threats of violence. Historically, many moneylenders skirted between legal and extra-legal activity. In the recent western world, loan sharks have been a feature of the criminal underworld.

(Oxford English Dictionary)
loan-shark n. orig. U.S. (see quot. 1928 and shark n.1 2).
1905 B. L. Taylor & W. C. Gibson Log of Water Wagon 41 Loan sharks have been following the Lithia all day.
1911 Collier’s 4 Feb. 8/1 Mr. Ham became interested in the ‘World’s’ lucrative and lengthy list of loan-shark advertisements.
1913 Munsey’s Mag. Nov. 218/1 In New York the loan-sharks were doing a business of twenty million dollars per annum.
1913 Munsey’s Mag. Nov. 221/1 At the convention of the Legal Aid Society in Pittsburgh..the loan-shark evil was discussed.
1928 Daily Tel. 5 May 9/5 It is hoped by this plan virtually to put out of business the ‘loan shark’, who exacts usurious rates of interest from the person of small means.

OCLC WorldCat record
A Widespread Form of Usury: The “Loan Shark”
Author: John Lisle
Edition/Format: Article : English
Publication: Journal of the American Institute of Criminal Law and Criminology, Jul., 1912, vol. 3, no. 2, p. 167-171
Database: JSTOR

OCLC WorldCat record
The anti-loan shark bank operating the Morris plan.
Author: Atlanta Loan and Saving Co.
Publisher: Atlanta, The Co. [©1912]
Edition/Format: Book Microform : Microfilm : Master microform : English

OCLC WorldCat record
The loan shark in Chicago : a survey made by the Bureau of Social Surveys, Department of Public Welfare, City of Chicago.
Author: Chicago (Ill.). Dept. of Public Welfare. Bureau of Social Surveys.
Publisher: [Chicago : Dept. of Public Welfare, 1916]
Series: Bulletin of the Department of Public Welfare, v. 1, no. 4 (November 1916)
Edition/Format: Book : English