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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
http://infofranpro.wikidot.com/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
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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://infofranpro.wikidot.com/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://infofranpro.wikidot.com/20040619-the-tangled
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://infofranpro.wikidot.com/20060325-legitimizing-payday
actions, Greed, Loan sharking, Lawsuits, class-action, Blame the franchisee, With family like this…, Canada, 20040620 From ring
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loans at reasonable rates for the poor.
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Risks: Loan sharking, Banks, Canada, 20040623 Ontario to
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cheque-cashing and payday lending outlets received its second "Loan Shark of the Year" award in a row from a grassroots citizen organization known for its campaigns against predatory lending
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are cut off from banks and must turn to loan sharks for financing to make up for retreating revenue, a move that can spiral out of control allowing organized crime to take over businesses, according
http://infofranpro.wikidot.com/20050907-gas-prices-gas-prices-put-italian-station-owners-at
but has remained open for business, he said. The store did not return a call from the Star.
It's unclear if practices have been altered chain-wide.
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Risks: Loan sharking, Usury, Canada, 20040805 Payday lender
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