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States, where payday lending has its origins, the industry has become synonymous with legitimized loan sharking.
The Toronto Star
June 19, 2004
The tangled web of payday loans
Quick cash outlets have
http://www.wikidfranchise.org/20040619-the-tangled
loans: program loses $1, franchisee families lose $10, Lender's due diligence not done properly, Lending duty, Lending duty never enforced via regulation or litigation, Loan pushing, Loan servicers
http://www.wikidfranchise.org/20100520-crooked-loan
As part of its investigation, the Star took out loans from 12 lenders in Toronto and found the fees and interest charged on a two-week loan — when combined and calculated as an annual percentage
http://www.wikidfranchise.org/20060613-tories-plan
that the rules are an attempt to stop the government from stepping in.
The Toronto Star
December 1, 2004
New rules may aid payday loan clients
Consumer group pushes for regulator. Province applauds ‘good
http://www.wikidfranchise.org/20041201-new-rules
Re-loaning isn't re-loaning at all. It's a nice way of saying rollover, a dirty word payday lenders try to avoid because of its nasty connotations…The Star opts to roll over…When the Star decides
http://www.wikidfranchise.org/20040619-a-maze
that pushed interest rates well beyond 1,000 per cent.
Under the proposed changes to Section 347, control for regulating short-term loans would be transferred to provinces.
Manitoba already has draft
http://www.wikidfranchise.org/20061004-new-legislation
it? They sure ain't."
The Toronto Star
June 21, 2004
Payday loans with a conscience
U.S. credit union freeing customers from trap. In Canada, industry wide open and unregulated.
Nicole MacIntyre
http://www.wikidfranchise.org/20040621-payday-loans
Ontario "has pulled the covers up over its head and has not acted in this area," Hudak said. "Unfortunately, many fly-by-night payday loan operators get away with scamming hundreds of thousands
http://www.wikidfranchise.org/20060909-ontario-needs
with all the unfoldings of Lapham," Mr Ellison s
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Risks: Sincerity, Scapegoating, Loan-broker fraud, Gosh, we've never heard of that problem, Loan pushing, Loans
http://www.wikidfranchise.org/20080209-franchisees-fresh
, franchisee families lose $10, Loan pushing, Predatory franchise lending, U.S. Small Business Administration, SBA, Why should we care? It's not our money., United States, 20111115 Td bank
http://www.wikidfranchise.org/20111115-td-bank