Definition of moneylender in English:

noun

• A person whose business is lending money to others who pay interest.

  Example sentences

  • ‘Here we have masses of lower income people transferring their meager wealth via outrageous interest rates to unscrupulous moneylenders.’
  • ‘Families are also paying very high interest rates to legal moneylenders who are operating outside of the mainstream financial system.’
  • ‘With the closure of rural banks, many farmers have been driven to borrowing from private moneylenders with usurious interest rates of 5 percent per month.’
  • ‘Most of the people we were lending to had, at one time or another, been indebted to illegal moneylenders, who charge interest rates of 300 percent per annum.’
  • ‘She was also a moneylender who collected sizeable interest with little or no collateral.’
  • ‘The Assembly rejected repudiation because they feared antagonizing the moneylenders of Paris, Amsterdam, Hamburg, and Geneva.’
  • ‘This has led to strong growth in impaired-credit lending: the realm of the doorstep moneylender.’
  • ‘Over three million households are now reliant on moneylenders, many of whom routinely charge over 150 percent interest for cash loans.’
  • ‘As moneylenders, goldsmiths conducted regular business with aristocrats, and gentlemen, and, increasingly, the agents of the Crown.’
  • ‘Most residents borrowed money from relatives, banks, moneylenders, or the landowner, who charged 10 percent interest per month.’
  • ‘That said, I am bound to say that in our judgment the best way of protecting consumers against rapacious moneylenders is a competitive banking and finance sector.’
  • ‘The doorstep moneylender today reported 2002 pre-tax profits of £182m, up 7%, to continue its great run of form.’
  • ‘Given the sums that they had borrowed from shopkeepers and moneylenders at high interest rates, tenants were unable to satisfy both their creditors in the towns and their landlords.’
  • ‘The people women moneylenders lend to generally describe their credit practices as a form of reciprocity rather than exploitation.’
  • ‘It does not state on its website that it is a registered moneylender, or that its interest rate is 37.1 per cent APR.’
  • ‘The moneylender had assured shareholders in May that they remained confident of meeting their 2001 targets.’
  • ‘Private moneylenders charge exorbitant interest rates of 30 to 50 percent for a 5-6 month growing season.’
  • ‘So I borrowed more money at a very high interest from a moneylender, and got my son treated.’
  • ‘Mr Scott said he had borrowed from a moneylender with a large interest rate.’
  • ‘Because the saltpans are only open for eight months a year many workers have to borrow money from local moneylenders to survive and are charged 10 percent interest per month.’