California Cremation Costs. The average cost of cremation is a fraction of funeral and burial costs in California, less than a quarter of the $10,000+ cost of an average funeral and burial. With cremation, there is no need to embalm or to purchase a cemetery plot, casket, burial vault, or gravestone.
Predatory lending is any lending practice that imposes unfair or abusive loan terms on a borrower. It is also any practice that convinces a borrower to accept unfair terms through deceptive, coercive, exploitative or unscrupulous actions for a loan that a borrower doesnât need, doesnât want or canât afford.
DEFINITION of 'Loan Shark'. A person or entity that charges borrowers interest above an established legal rate. Depending on where a person lives, lenders typically cannot charge more than 60% interest per annum. A loan shark, then, would be someone who illegally charged interest over the state's legal limit, which could range up to, or even over, 100%.