Tag:shop=money_lender

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Public-images-osm logo.svg shop = money_lender
Money lender Palmers Green.jpg
Description
A shop offering small personal loans at high rates of interest. Show/edit corresponding data item.
Rendering in OSM Carto
Shop-other-16.svg
Group: shops
Used on these elements
may be used on nodesshould not be used on waysmay be used on areas (and multipolygon relations)should not be used on relations (except multipolygon relations)
See also
Status: in use

A  moneylender offers small personal loans at high rates of interest, usually higher rates than the market rate charged on credit cards or on bank overdrafts. A recent trend in English-speaking countries has been for appearance of these establishment on the highstreet, and are these often called  payday loan. Establishments often advertise with "Payday Loans", "Cheques Cashed". One chain in the UK, "The Money Shop" has over 500 outlets. Many are also pawnbrokers.

Moneylenders are lending to people who would normally be refused credit by most financial institutions because their income may be at or below the poverty threshold or whose credit score indicates that the borrower might be unable to repay the loan. Moneylenders charge an effective interest rate that is in the range anywhere between 100% to 400% annual percentage ratio (APR) and higher.

An office=* value is probably better suited for an office that offers larger loans, such as home loans.

How to map

Set a node at the center of the money lender or draw an area along its outline. Tag it with shop=money_lender.

Tags used in combination

See also

Possible tagging mistakes

If you know places with this tag, verify if it could be tagged with another tag.
Automated edits are strongly discouraged unless you really know what you are doing!
If you know places with this tag, verify if it could be tagged with another tag.
Automated edits are strongly discouraged unless you really know what you are doing!