We use cookies to enhance your experience on our website. By continuing to use our website, you are agreeing to our use of cookies. You can change your cookie settings at any time.ContinueFind out more
A person whose business is lending money to others who pay interest.
‘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.’
‘Mr Scott said he had borrowed from a moneylender with a large interest rate.’
‘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.’
‘Families are also paying very high interest rates to legal moneylenders who are operating outside of the mainstream financial system.’
‘Here we have masses of lower income people transferring their meager wealth via outrageous interest rates to unscrupulous moneylenders.’
‘It does not state on its website that it is a registered moneylender, or that its interest rate is 37.1 per cent APR.’
‘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.’
‘Private moneylenders charge exorbitant interest rates of 30 to 50 percent for a 5-6 month growing season.’
‘This has led to strong growth in impaired-credit lending: the realm of the doorstep moneylender.’
‘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.’
‘The doorstep moneylender today reported 2002 pre-tax profits of £182m, up 7%, to continue its great run of form.’
‘Over three million households are now reliant on moneylenders, many of whom routinely charge over 150 percent interest for cash loans.’
‘So I borrowed more money at a very high interest from a moneylender, and got my son treated.’
‘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 people women moneylenders lend to generally describe their credit practices as a form of reciprocity rather than exploitation.’
‘The moneylender had assured shareholders in May that they remained confident of meeting their 2001 targets.’