About

We are advocates for consumers.  In contrast to all the loan sharks of the world, loan shrimp exists to keep our readers out of the turbulent waters of the lending industry.  Credit can be your friend or you enemy.  Our goal is to make credit your friend – to enable you to use your good credit to build wealth rather than strip it away.  We give our readers tips and tricks that are designed to aid in the process of building good credit and using it to your advantage.

The staff behind loan shrimp is comprised of a former loan officer (who hated the sharky industry), a consumer formerly in heavy credit card debt, and a just out of college professional who has never had a credit card or line of credit in his life – a perfect demographic to help the world through troubled financial waters (an ex-pro, an ex-flunky, and an up-and-coming learner).  Our goal is to share our experiences and financial insights that can help others avoid the all the sharks that lurk out in the vast financial ocean.

No more high interest… We want free stuff.  We are consumers like you, but with in depth knowledge of the lending industry.  The head of our staff is a former loan officer and knows about getting good deals on a loan, the dirty tricks that the lending community can play on consumers, and how to build credit and use it to your advantage.  If it were up to us consumers would have no need of credit cards and other high interest, short term credit devices, but that is not reality at this point.  Many people today are in situations of extreme debt, or at the very least they are not using credit to their advantage.  Our staff is comprised of individuals who have diligently worked their way out of debt and are now using credit devices to their advantage.

We give opinions and links.  Occasionally we might recommend or link to various services or products – these are meant to represent the opinions of each individual writer and should in no way replace the sound advice of a financial planner, but rather build your knowledge and understanding and enable better decision making.