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Banks allegedly mastermind fraud
Funding for advocacy groups if you toe the line
Lender's due diligence not done properly
Lending risk much lower
Non-bank lender
Only saw bank official once
http://www.wikidfranchise.org/the-marriage:engagement
of the business."
The Franchise Times
April 1, 2009
Tight credit is turning franchisors into lenders
Jonathan Maze
V2K Window Décor had to do something. Franchise sales were plummeting, not because people weren't
http://www.wikidfranchise.org/20090401-tight-credit
is hoping regulation will entice banks and credit unions to compete with payday lenders and drive down costs for consumers.
Payday lenders offer few other services to cover the cost of keeping their offices
http://www.wikidfranchise.org/20060325-legitimizing-payday
banks and kept loaning, arguing they were no longer bound by state law.
They're still going, offering loans with annual interest rates of 200 to 900 per cent — a clear defiance of the state's usury
http://www.wikidfranchise.org/20040621-payday-loans
They felt they had been targeted through adverts in ethnic community newspapers. "Many people borrowed money to purchase the franchises and are now experiencing pressure from their lenders – banks
http://www.wikidfranchise.org/20080107-franchise-scam
Payday loan shops have mushroomed since the early '90s when the banks pulled out of the lower end of the consumer market. It is now a $2 billion-a-year business.
The Toronto Star
February 1, 2006
http://www.wikidfranchise.org/20060201-payday-loan
"We are hoping the MPs can help us talk to the banks and finance companies to help put the loan repayments on hold at least until after the matter is resolved with Green Acres…The amount is small
http://www.wikidfranchise.org/20080125-green-acres
that it will buy St George Bank for $19 billion.
GE Money's home lending managing director Andrew Moore recently quit to join St George.
Wizard is one of the biggest non-bank lenders, holding about 2.5 per cent
http://www.wikidfranchise.org/20080526-wizard-up
A group of more than 60 people have gone to the High Court to try and claim more than $8.1 million for training, guaranteed income for the term of the franchises, non-existent franchise businesses
http://www.wikidfranchise.org/20100426-disgruntled-franchisees
of the package before sitting down with the people involved, he said.
"Many people borrowed money to purchase the franchises and are now experiencing pressure from their lenders - banks and finance companies
http://www.wikidfranchise.org/20080108-company-admits
