The 37-year-old man told POST on Monday that he had taken about the loan after he hit a “rough patch” financially.

A VERULAM man has shared how he received death threats from a Phoenix loan shark after borrowing R25,000.

This comes amid rising cases of aggressive intimidation and threat tactics by loan sharks in the Durban area.

The 37-year-old man told POST on Monday that he had taken about the loan after he hit a “rough patch” financially.

He said despite him paying back about R46,400, the demands to honour the loan kept coming each month.