@Acer

A "loan shark" is a person who lends money illegally. Because loan sharks can't use the courts to force repayment of their illegal debt, they have a reputation for using threats, violence, and other illegal tactics to convince the borrower to repay them. Loan sharks typically lend to people who can't borrow from legal banks, like people whose credit is too poor or who want the existence of the debt to remain hidden to other banks or courts. The interest rates associated with illegal loans are stereotypically higher.

A "government sponsored loan shark" sounds like someone who lends money or collects debts under similar circumstances, except with the support of the government. The borrowers might have been required by law to borrow the money, or it might be at a very high interest rate. If the borrower fails to repay the debt, the bailiff might seize their property or the courts might order the debt repaid and jail the borrower for contempt of court until he complies.

Whoever wrote that intended you to have a negative opinion of the person he's describing.

@publiclewdness@linuxrocks.online