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The ""Etc."" in a downtown Boston Mailboxes Etc. store stood for shipping, packing services and, according to state banking officials, loan-sharking.
APBnews.com
April 21, 2000
Loan-shark charge
http://www.wikidfranchise.org/20000421-loan-shark
.
The series included a sampling of loan terms at a dozen Toronto payday stores. When combined and calculated as annual interest, the fees and interest charged on a two-week loan ranged from 390 to 890 per cent.
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Risks: Usury, Loan sharking, Canada, 20040912 Loan company
http://www.wikidfranchise.org/20040912-loan-company
it with a Criminal Code amendment setting the maximum annual interest rate at 60 per cent.
The law was aimed at mob-style loan sharking, but in theory treats loan sharking and commercial loans alike
http://www.wikidfranchise.org/20040621-payday-loans
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
legislation ready to go. British Columbia, Alberta, Nova Scotia and New Brunswick have also indicated they will follow suit.
Credit: CANADIAN PRESS
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Risks: Criminal charges, Usury, Loan sharking, Canada, 20061004 New legislation
http://www.wikidfranchise.org/20061004-new-legislation
endlessly about putting loan sharks out of business, have done nothing.
The eyes of consumer advocates, anti-poverty activists and legal scholars will be on Winnipeg today, as Manitoba's attorney
http://www.wikidfranchise.org/20060201-payday-loan
in the Criminal Code of Canada to control loan sharks.
So far, Ontario has only set out requirements for the disclosure of interest and other charges. This does not do much to protect those borrowers
http://www.wikidfranchise.org/20060325-legitimizing-payday
, Greed, Loan sharking, Lawsuits, class-action, Blame the franchisee, With family like this…, Canada, 20040620 From ring
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If a Toronto loan shark were caught charging 300 per cent interest, he might well go to jail. So how is it that our lawmakers allow the storefront ""payday loan"" industry — in effect, poor
http://www.wikidfranchise.org/20040622-payday-gougers
Centre) said. "They're loan sharks, and to call them anything else would be to deny the reality of it."
The Toronto Star
June 22, 2004
Ontario has begun payday lender probe
Loan industry is unregulated
http://www.wikidfranchise.org/20040622-ontario-has
