Consequently,
[vidéo] silver lender convicted bankrupt::
A silver lender from Saint-Jérôme. Furthermore, now bankrupt, has just been ordered to pay nearly $ 33,000 in fines since he has granted loans with astronomical interest rates of up to 1000%.
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“The SS Finances company can help you make your dream. Therefore, offer you the means to achieve it by its efficiency, its speed and its professional service. Nevertheless, No customer refused, ”wrote Sacha St-Jean, on his company’s website.
The website of the Company of the money lender. Similarly, where he says that “no customers” is refused at SS Finances. Consequently, Credit: Site screenshot: ssfinances.ca ssfinances.ca
The Consumer Protection Office (OPC) recently announced that this 39 -year -old lender and his business were declared 14 offenses. However, The lender was notably convicted under the consumer protection law for non -compliant contracts. credit costs exceeding the legal rate and misleading calculation methods.
“Thus. while the lender announced an interest rate of 26%, the real credit rate calculated in accordance with the requirements of the law exceeded in some cases 1000%,” reveals the Office, about the man who offered credit limits between $ 300 and $ 5,000.
Mr. St-Jean raised between November 2021 and May 2022, according to the OPC. saacha_thebigguy / instagram
Bankruptcy of $ 160,000
The president of the company SS Finances, also known as 9323-3179 Quebec Inc., committed these shortcomings in the Greater Montreal, in Joliette and Sainte-Thérèse. He raged between November 2021 and May 2022, according to the OPC.
“The Office considers that a credit rate greater than 35% is abusive,” warns the organization.
The Facebook account of the President of SS Finance now deleted since his conviction. Sacha St-Jean / Facebook
The Journal also learned that Sacha St-Jean officially declared bankruptcy last month, according to public documents. The thirties have debts of more than $ 160,000 and assets of only $ 7,000.
He owes money in particular to the Mirabel municipal court ($ 5708). Hydro-Québec ($ 57,216), the Ministry of Justice ($ 2096), the Group Collectual Solution ($ 12,695), the Royal Bank ($ 3,57), Visa Desjardins ($ 11,873) and Banque Canadian Tire ($ 18,339).
Sacha St-Jean officially declared bankruptcy last month with debts of $ 160,000, according to public documents obtained by “the newspaper”. saacha_thebigguy / instagram
He gave advice … on the radio
Ironically. the lender has already had a column in a digital radio in Laval where he gave advice to be a good entrepreneur during the Pandemic of Cavid-19.
Listen to the “Entrepreneur Chronicle” of Sacha St-Jean in June 2020:
“What I recommend when you get into business. is to listen to you inside you.” What does that mean in your head and in your heart? What do you [vidéo] silver lender convicted bankrupt: want to do and where do you want to go? And to let the whole negative do, ”suggested Mr. St-Jean, at the microphone of the CNV station, in June 2020.
Our request for an interview with the money lender, who is now unemployed, remained unanswered on Monday. The president of SS Finances has deleted the website and social networks of his company, according to our observations.
- With Nicolas Brasseur, agency QMI
[vidéo] silver lender convicted bankrupt:
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