Fukeshaku

Fukeshaku is a term of Japanese origin that translates to "loan shark" or "usurer." It refers to an individual or entity that lends money at excessively high interest rates, often employing predatory and illegal practices to extract repayment. These lenders typically operate outside of legal financial institutions and regulations, making their activities illicit.

The practices associated with fukeshaku can include intimidation, threats, and violence against borrowers who are unable to meet the exorbitant repayment demands. Borrowers are often trapped in a cycle of debt due to the extremely high interest rates, which can quickly multiply the original loan amount. These loans are often sought by individuals facing financial desperation who are unable to secure funds through conventional means.

Fukeshaku activities are illegal in Japan and are often associated with organized crime. Law enforcement agencies work to combat these illegal lending operations and protect vulnerable individuals from their exploitative nature. The term itself carries a strong negative connotation, highlighting the harmful and unethical aspects of such lending practices.