Can hospitals offer loans?

If you need funds for your renovations, you should get a renovation loan instead of getting a personal loan. While a personal loan does the same job as that of renovation loans, banks and moneylenders check a person's credit risk and where they will use the money to determine if they should lend you money.

Just as long as the interest rates are not that high and that loan isn't going to be lasting long without it being paid, then I say it is a matter of priority of whether you should get a loan because if all else fails and you fail to pay the loan immediately, the interest rates will get you otherwise and you will be under twice the amount of debt that you started with, ofcourse it can be helped just as long as you responsibly find out the set backs of having a personal loan and if you are able to handle of paying the said loan when the need arrives

Yes, a loan shark can be sued because there is a loan shark prevention act. You can only sue a loan shark if you have paid for more than 15% interest on any loan. All the overcharge will be refunded and it also includes all the interest and charges it had given. And adding that he is harrassing the victim, he can be reported to local trading standards office and to the police immediately.

It was technically legal because you will be the one to handle the money that you have loaned which means that you can do whatever you want to do with the money that is loaned. Just make sure that no law will be violated, specifically the loan shark law which is asking for an interest that is greater than 15% of the other loans. If this law has been violated, all the charges will be refunded and it will just bring hassle.

Entering the business world is a tough thing to do. You have a lot of competitors that might be pulling you down. One of the problems of some people who want to start a business is the capital. You can start a business without a capital, but mostly it is more advantageous to start a business with a capital. You can loan money from banks and they will give you some advices too. You can loan money from other people too.

Technically, there is still debt left and you owe money to the loan shark. One of your relative will stand as your guarantor and he or she will be the one responsible for your unpaid debts. Make sure to let them know so that they are always prepared whatever happens. Also, it is better to pay in full amount because it will not increase if there is nothing left, no interest will be added since there is no more unpaid debt.