What Is Racketeering?

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By jamie
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8. Loan Sharking

A lot of people around the world are struggling to make ends meet. Even people that are working as hard as they can are not always able to meet with their financial commitments, and some might struggle to pay their rent, their bills, and even to buy food for themselves and their families.

People that are in a desperate position might struggle to get a loan from legitimate sources, forcing them to go to loan sharks instead. These loan sharks will generally charge ridiculously high interests on any loans that they give. This can leave people that took out a loan with them unable to repay their debt, and this can sometimes turn into violence.

Racketeering

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