16-year old goes to pick up his siblings; ends up getting shot at the wrong address

That's simply not true. Loan sharks typically will charge the maximum rates, and even more in certain situations. Banks ordinarily will not even offer their services to the highest risk individuals.

Now depending on the bank, some have had discriminatory loan practices and such, but loan sharks are significantly worse in just about every metric.

And I don't even like banks.
Payday lenders, better?