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Bullboard - Stock Discussion Forum Cash Store Financial Services Inc CSFS

Financial Services Credit Services

NYSE:CSFS - Post Discussion

Cash Store Financial Services Inc > Why are ?
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Post by ontchurp on Nov 05, 2014 8:21pm

Why are ?

Why are Ontario offices no longer allowed to accept payments of any kind.
Does anybody know?
Comment by apikon on Nov 21, 2014 11:21am
The Twelfth Report of the Monitor talks about this, starting on page 12. I don't quite understand all the details but it appears that, basically, the company had agreed in February to only collect on principal in Ontario and not on any fees or interest, but one or more fees were charged and recorded as part of the principal. This fact wasn't realized until very recently and all collections ...more  
Cash Store Financial Services Inc
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