Tag:shop=money_lender
 shop = money_lender
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| Description |
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| Shop offering small personal loans at high rates of interest |
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| Wikidata |
 Q2893189
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| Status: in use |
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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 an important source of credit to a category of borrowers 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. Because personal loans offered are unsecured and the risk of default by the borrower is high, moneylenders charge an effective interest rate that is in the range anywhere between 100% to 400% APR.
How to map
Set a node 
or draw as an area 
along the building outline. Tag it with shop=money_lender and name=*.
Tags to use in combination
- operator=*
- Address
- website=*
- opening_hours=*
- wheelchair=*
