Loan Sharking: The Dark Side of Credit

José Reinaldo Coser's gripping exposé of the loan sharking industry is a must-read for anyone interested in the dark side of finance. Coser takes readers on a journey into the hidden world of predatory lenders, revealing the devastating impact they have on the lives of their victims.

A Thrilling Narrative

Coser's book is a thrilling narrative that reads like a crime novel. He follows the stories of several individuals who have fallen victim to loan sharks, including a single mother struggling to make ends meet, a college student drowning in debt, and a small business owner on the brink of bankruptcy. These stories are both heartbreaking and infuriating, and they shine a light on the urgent need for reform in the loan sharking industry.

The Devastating Impact of Loan Sharks

Coser's book provides a detailed look at the devastating impact that loan sharks have on their victims. He describes how these predatory lenders use threats, violence, and intimidation to collect their debts, often driving their victims into poverty and despair. Coser also discusses the psychological toll that loan sharking can take on its victims, leading to anxiety, depression, and even suicide.

A Call for Reform

Coser's book is a powerful call for reform in the loan sharking industry. He argues that the current laws and regulations are not doing enough to protect consumers from these predatory lenders. Coser proposes a number of reforms, including stricter regulations on interest rates, limits on the amount of debt that can be collected, and increased penalties for loan sharks who engage in illegal activities.

A Must-Read for Everyone

Loan Sharking is a must-read for anyone interested in the dark side of finance. Coser's gripping narrative and powerful call for reform make this book an essential read for anyone who cares about protecting consumers from predatory lenders.

Praise for Loan Sharking

"A gripping exposé of the loan sharking industry that is both heartbreaking and infuriating. Coser's book is a must-read for anyone who cares about protecting consumers from predatory lenders." —Elizabeth Warren, U.S. Senator

"A powerful and important book that shines a light on the devastating impact of loan sharks. Coser's call for reform is essential reading for policymakers and anyone interested in social justice." —Sherrod Brown, U.S. Senator

"A must-read for anyone who wants to understand the dark side of finance. Coser's book is a gripping narrative that exposes the predatory practices of loan sharks and the devastating impact they have on their victims." —Michael Lewis, author of The Big Short