How A Loan Shark Operates?
In this article I will give you a little bit of information about the Poker PKV loan sharks and their activities in Mexico. The short version is that there are reports of the latter, which are almost universally ignored by the Mexican government, as having treated a number of innocent borrowers in a somewhat cavalier manner.
It has become fashionable to condemn Mexican borrowers as just greedy, but that’s not all that can be said for such attitudes. The situation has arisen because some individuals with dubious ethics and a penchant for unethical behavior have chosen to be poker PKV loan sharks. This is a practice that is prevalent in the US as well.
However, Poker PKV loan sharks operate within very specific guidelines, such as having been registered under the national trade commission law. They are not allowed to engage in the business of lending money, but it has not stopped them from doing so. As a matter of fact, they get away with it because the government has shown no inclination to impound the vehicles they use.
It is quite difficult to determine the guilt of Poker PKV loan sharks in Mexico, for they operate inside the code of silence. The reason for this is that they believe that no one will care if they are pursued by authorities. Those who have taken the trouble to do so are victims of a perverse incentive structure.
As we have seen, many individuals who practice Poker PKV loan sharks are also involved in other unscrupulous practices as well. One thing that we can say is that the individuals in question are very well connected. This has enabled them to access some of the best state-of-the-art facilities, which they use to carry out financial crime in full swing.
It is in fact that they are frequently identified by mule car companies, which are involved in the business of providing for the needs of the debtor, and are also engaged in the provision of financial services. As a matter of fact, it is not uncommon for lenders to refer to themselves as mule car companies. The abbreviation for mule car companies is bolsa de masa, which is not only phonetically pleasant but has got very strict connotations, since they are considered to be responsible for the bad debt of a borrower, which is quite common in Mexico.
Sometimes, when they have failed to deliver on the promise of providing for the borrower on numerous times, they are closed down. This often serves as a warning, which is always useful to warn people about things that go on. But the state government does not react strongly enough against the loan sharks.
There is a vast difference between the situation in the US, where the state government has acted strongly to take action against the Poker PKV loan sharks and the situation in Mexico, where the authorities seem to have forgotten their responsibilities. You can help your country by educating them on what the problem is, why it is a problem, and how you can help yourself, by subscribing to my free newsletter!