I Texted A Loan Shark Back. What I Uncovered Will Shock You.

Loan sharks are targeting small businesses using loans with interest rates up to 2,000%.

This scheme can be a death spiral, killing businesses and driving owners to the edge of suicide.

These loan sharks are experts at dodging regulation — now that needs to change.

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More Perfect Union is an Emmy-winning, nonprofit newsroom whose mission is to build power for working people. Here’s what that means: We report on the real struggles and challenges of the working class from a working-class perspective. We attempt to connect those problems to potential solutions. We report on the abuses and wrongdoing of corporate power. And we seek to hold accountable the ultra-rich who have too much power over America’s political and economic systems.