TGsPlace

Is the top photo a yacht in distress when the owner falls upon rough financial times?

Same goes for the old fishing boat at the bottom of the group.

Which one of these is a drug runner? TG

Pay-day loan sharks in B.C. Canada are dangerous predators!
Keep in mind that this is a $100 loan via loaded card for 16 days!
My friend is on a monthly government disability pension.

Five page agreement from disability-pensioned friend on my desk reads….As Follows..
To borrow $100;
=================================================================================
[Page 1]

[Cash Store Loans Co. and borrower addresses.]

====Payment Detail (to Broker)
NSF fee (not disclosed)
Collection Fee (not disclosed
Addl. Fee (not disclosed)
Term Fee (not disclosed)
Cash Card Purchase = $17.99
PPP Fee = 6.25

====Payment Detail (to Lender)
Total of === $24.24
Received by EFT
Receipt No.# 183...
Employee B…./
==Balance to Lender = $184.80.…………..Customer Signature………

[Page 2]============================..Customer Signature……..
[Full Page of Fine Print Text]
[Loan Detail]
[Loan Amount……..$150
Total Borrtow cost….$.34.56
Total Amount to be repaid $184.80.…Due on 04/21/2010
Loaded on Mastercard, if applicable…$150.24

I understand I have 3 OPTIONS to receive the loan proceeds :
Check One;…..Cheque……Debit Card……Mastercard

If I have chosen one of the card options, I agree to accept all fees associated with card use. Initials….THIS SIGNATURE IS PROTECTED BY THE PAYMENT PROTECTION PLAN FOR SIGNATURE LOANS.

DETAILS OF PAYDAY CREDIT AGREEMENT
TOTAL LOAN AMOUNT……………………………$150.24
Loan term in days………………………………............16
Total Cost of Borrowing………………………….….$34.56
Total cost of borrowing per $100 borrowed……… $23.00
Annual Percentage Rate……………………………….524.76%
Total Amount Due under this agreement……………$184.80
Repayment due date………………………………04/21/2010

Borrowers Signature………………………..
I acknowledge that the combined total of my net pay and other net income to be received during the term of the loan is at a minimum, equal to twice the loan amount. INITIALS……….

[Page 3]

I understand that I may cancel the above loan before the end of the next business day the Payday Loan Vender is open for business.

[ Block of fine print]

Date of Cancellation:…………………………Customer Signature…………………….
Date of Acknowledgement:…………………….Associate Signature…………………….

I Acknowledge receipt of the loan documents…..(Initials)………


[Page 4]

CASH STORE LOAN PAYMENT PROTECTION PLAN APPLICATION

[This is an insurance that pays the cash store in case of default by borrower…premium paid by borrower [AWR]

[ Block of fine print re: Insurance details]

Yes - Please enroll me in the plan -

I agree to pay the amount shown on the customer receipt, and I acknowledge I have read and understand the terms of the plan, and that the plan has been explained to me, including its cost, cancellation policy…etc., etc, etc Customer signature…..Witness Signature…..Date: April 5/2010

Please note, Coverage applies to the employment status and not to the loan period frequency.

[AWR: Question: Is this required for a government monthly disability cheque? This is not employment and no chance of losing employment. AWR]


[ Page 5]

I, ………………..Authorize the Cash Store, through its Electronic Transactions service provider, DirectCashManagement Inc., to use my personal banking information for the purpose of withdrawing loan payments from my personal bank account.

I pledge that the information I have given is true and commit to informing the Cash Store if the information should ever change.

My signature below authorizes the Cash Store to use my personal banking information for the purpose of the repayment of my current loan, including the collection of past due balances.

I recognize that my personal information will not be distributed to any other person, organization, company or outside party, except to collection agencies, should my account be left outstanding.
Customer Signature…………………
E-MAIL AUTHORIZATION

[ Fine print block ] =============================================

So, my university educated friends. This is so simple to you. Kindly explain how a 16 day loan of $100 warrants a repayment amount of $184.80. It looks to me as though the loan clerk fleeced my friend out of $50 by calling the loan $150 while loading only $100 onto the card.

As you know hybrids are blossoming and Electric Vehicles are not far behind.

First Israel is going all electric. Renault is manufacturing EVs for them.

France, Belgium, Denmark, Sweden, and Norway are well underway. Next, it seems Australia could follow according to the expert. The first 7 minutes is professor BS, but from 7 minutes in[when Agassi speaks], it gets gripping.

http://fora.tv/2009/07/22/The_Electric_Horizon_Shai_Agassi

Consider as well that China is partnering with Russia in a huge battery plant for Novosibirsk, ready for 2011 with three production lines and a fourth production line by 2012.

http://www.greencarcongress.com/2009/12/rusnano-20091228.html

Is it possible that used gas guzzlers may become difficult to unload?






Some 'Nissan Leaf' story headings from: AutoBlogGreen.com
--------------------------------------------------------------------

Nissan LEAF named one of Time's top 50 inventions of 2009

REPORT: Nissan Leaf coming to Vancouver in 2011

Nissan will bring Leaf electric car to Salon EVER in Monaco

Nissan CEO is bullish for Leaf's success, says million plug-ins by 2015 an easy goal

Nissan Leaf, the tip of mass market EV spear

Official: Nissan Leaf reservations start in the spring; 20,000 predicted by end of 2010
[ The company said that, "Nearly 22,000 people in North America have contacted
Nissan since the ...]

Nissan and San Francisco team up on EV charging in Bay Area
[ Nissan is steaming ahead at full speed on its electric car plans but it's not ignoring
the infrastructure elements required to make those vehicles a viable proposition. ]

REPORT: Nissan may offer optional higher-capacity batteries at premium
[ It looks like Tesla probably won't be alone in offering different-sized battery packs in
its future electric vehicles.]

Looks like Nissan plans to lead the EV charge. Quality first, I hope.

AutoBlogGreen is an excellent site. Enter ' Nissan Leaf ' for these stories.

Looks as though Nissan is committed, but that's just my impression.

Classic cars? Just a personal weakness.
Only drive on Sundays. Two or three a year. Gas consumption, . . minimal.
And no, I do not own any of these. They are sweet though, eh? TG

TonyGuitar: Canadian Vehicle Manufacturers Association [Debunked]