On this example, the APR on the $2,000 loan is 359.0144%, based on mortgage phrases of 12 bi-weekly installment payments over 6 months. With the explosion within the foreclosures market and declining real estate values, it appears that evidently each lender I do know of is entering into the hard money business. With greater than one hundred fifty Legal Cash Lenders in Singapore and not together with loan sharks imposing as one.