What is Loan Shark AI?
LoanShark.ai is your AI watchdog for loans. Most borrowers don’t realize their loan agreements are filled with traps, hidden fees, balloon payments, predatory interest rates, and legal fine print that can cost hundreds of thousands over time.
Problem
Borrowers struggle to understand hidden fees, balloon payments, and legal fine print in loan agreements, relying on manual reviews or expensive legal consultations that are time-consuming, costly, and inaccessible.
Solution
An AI-powered loan document analysis tool that scans agreements to identify hidden risks, summarize terms, and flag predatory clauses. Users upload documents to receive plain-language insights and risk alerts.
Customers
First-time homebuyers, small business owners, and individuals negotiating high-value loans (mortgages, auto, personal) who lack legal/financial expertise.
Unique Features
Real-time detection of evolving predatory lending tactics, side-by-side comparison of loan terms against industry benchmarks, and dynamic risk scoring based on user financial profiles.
User Comments
Saves thousands by spotting hidden fees
Clarified confusing APR clauses
Avoided a balloon payment trap
Fast alternative to lawyer reviews
Simple interface for non-experts
Traction
Launched 3 months ago; 50,000+ users analyzed $1B+ in loan volume. Founder claims $25k MRR from premium subscriptions; 1,200+ active paying customers.
Market Size
The US consumer lending market reached $1.2 trillion in 2023, with 45M+ borrowers annually needing document review (FDIC data).
