Shylock High interest on loans of 'Unbanked' residents of inner-cities paying price, author finds
There are 1 comment on the Canada.com story from Mar 20, 2012, titled Shylock High interest on loans of 'Unbanked' residents of inner-cities paying price, author finds. In it, Canada.com reports that:
Shylock is a fictional character in Shakespeare's The Merchant of Venice, He was a Jewish usurer, & is also a term used to describe "someone who lends money at excessive rates of interest ...
Bank fees, the niggling ones that creep in at the end of the month, are what sent James Jackson to a Money Mart ...
Yet more & more these ruthless moneylenders are being so called legalized like how the high interest rate credit card companies of the past got away with things & municipalities & utility companies do the same now ; formerly called loan sharks ...
intr.v. shy·locked, shy·lock·ing, shy·locks. To lend money at exorbitant interest rates.http://en.wikipedia.org/wiki/Shylock
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#1 Mar 20, 2012
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