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-   -   Has anyone here ever borrowed money from a Loanshark? (https://www.thevettebarn.com/forums/showthread.php?t=131824)

Louie Detroit 03-22-2023 11:18am

Has anyone here ever borrowed money from a Loanshark?
 
If so, what was the vig?

Giraffe (He/Him) 03-22-2023 11:27am

Are you ****in’ kidding? All the ballers at this place? LOAN?


:rofl:

Loan. :rofl::rofl::rofl::roll:

Mike Mercury 03-22-2023 11:28am

https://i.imgflip.com/2q253x.jpg





[Kurtis Blow] "you borrowed money from the mob, and yesterday you lost your job" [/Kurtis Blow]

DAB 03-22-2023 11:33am

does a home equity loan count?

Don Rickles 03-22-2023 11:34am

Yup, had to double the amount borrowed….

Giraffe (He/Him) 03-22-2023 11:39am

Quote:

Originally Posted by Don Rickles (Post 2063935)
Yup, had to double the amount borrowed….

The vigorous was 100%?

😲

Onebadcad 03-22-2023 11:45am

Tony hated to pay the vig, had no issues with collecting it:


Taurus 03-22-2023 11:53am

Just my dad when I was 20, he made sure I never wanted to do that again.

Don Rickles 03-22-2023 11:56am

Quote:

Originally Posted by Giraffe (He/Him) (Post 2063938)
The vigorous was 100%?

😲

:yesnod:

20k/40k 6 month term

Frankie the Fink 03-22-2023 12:34pm

How about those that have been a loan shark ?

Anjdog2003 03-22-2023 3:24pm

Quote:

Originally Posted by Frankie the Fink (Post 2063961)
How about those that have been a loan shark ?





:kimblair:

LATB 03-22-2023 3:27pm

Quote:

Originally Posted by Giraffe (He/Him) (Post 2063929)
Are you ****in’ kidding? All the ballers at this place? LOAN?


:rofl:

Loan. :rofl::rofl::rofl::roll:

I'm no baller but thankfully my days of borrowing money are long gone.

I have never loaned anyone money and I never will.

Rodnok1 03-22-2023 3:28pm

My Uncle used them alot to keep his business going, 20% think it was for a week IIRC.
He floated me a small loan long ago using his guy, he paid the interest for me.

Mick 03-22-2023 4:40pm

I did. I borrowed $3K from the girl who was my girlfriend at the time. I paid the cash back, but instead of interest, I had to marry her. Shit, if I could tell you what that has already cost me! I'm still payin' too I tell you, no end in sight. Take it from me, don't ever do that shit, it ain't worth it!

simpleman68 03-22-2023 4:52pm

Many years ago from "friends" of my crazy Russian pal.

Anything under $50k and it was 10% but you had 2 weeks. I paid several days early. :yesnod:
Scott

Louie Detroit 03-22-2023 4:55pm

Quote:

Originally Posted by Giraffe (He/Him) (Post 2063938)
The vigorous was 100%?

😲

*vigorish

higgyburners 03-22-2023 6:51pm

Quote:

Originally Posted by Onebadcad (Post 2063941)
Tony hated to pay the vig, had no issues with collecting it:

The Sopranos - Hesh loans Tony Soprano 200k - YouTube

Aw Man love that show....Going to have to watch it again... for the third time :cert:

Yadkin 03-22-2023 8:35pm

My first mortgage was almost 11%, plus PMI. That's loan shark territory.:o

higgyburners 03-23-2023 12:38am

Quote:

Originally Posted by Yadkin (Post 2064101)
My first mortgage was almost 11%, plus PMI. That's loan shark territory.:o

:rofl: Nobody cares ...Yadem....STFU:yesnod:

Louie Detroit 03-23-2023 1:02am

Quote:

Originally Posted by Rodnok1 (Post 2064014)
My Uncle used them alot to keep his business going, 20% think it was for a week IIRC.
He floated me a small loan long ago using his guy, he paid the interest for me.

Sounds like a good Uncle to me!


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