Loan sharks that use threats still exist, non-bank personal lending funds use cold calling and connections with bankers and use non-staff third party callers to distance themselves from the consequences and reputation of threatening with violence.

So it's not like people need to go to shady lenders in the first place, they can be pipelined from normal credit card debt into less scrupulous debt collectors.

https://www.youtube.com/watch?v=BMntLU1bNE0