Moneylender (Noun)
Meaning
Someone who lends money at excessive rates of interest.
Classification
Nouns denoting people.
Examples
- The local moneylender was notorious for charging outrageous interest rates to desperate borrowers.
- She fell into a cycle of debt after taking a loan from a ruthless moneylender who demanded exorbitant interest.
- In some underdeveloped regions, unscrupulous moneylenders have taken advantage of poverty-stricken families, further worsening their economic situation.
- The victim of a scam reportedly borrowed money from an online moneylender who claimed to offer low-interest loans but ended up demanding triple the amount.
- Desperate for funds, the struggling entrepreneur turned to a shady moneylender who put his business and home at risk due to usurious interest rates.