if you can just chance upon a loan shark number, the police
would have chanced upon many many such numbers.
you know how much loan they would gave you, you know how much
interest you have to pay and over what period of time, and you
AGREED. That is a legally binding contract!! Nobody trick you, con
you, or force you, you went into the agreement at your own free
will.
you can take a loan from a credit card company and you would
also be required to pay very high interest rates, they are the
institutional dai yi long. The only thing that the police would be
bothered is how they try to recover the outstanding. So if you want
to go to the police, you must know what are you reporting.
Care to share with us what really gave you no choice but to
borrow $400 cash from known loan shark, may be we can learn what in
life can give us no choice.