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The Cash Store Australia Holdings Inc. Grants Options to Directors and CEO

EDMONTON , May 31, 2012 /CNW/ – The Cash Store Australia Holdings Inc. (“TCS Australia ” or the “Company”) (AUC.V) granted on May 25, 2012 an aggregate of 200,000 options to directors, pursuant to TCS Australia’s Employee Incentive Stock Option Plan (the “Plan”). Each option is exercisable to acquire one common share at a price of $0.19 per option. The options granted have been approved by the Company’s Board of Directors and are subject to expire on March 1, 2017 . In addition, Mr. Gary Holden , Chief Executive Officer, was granted an additional 500,000 options, and Mr. S.W. (Bill) Johnson, Chief Financial Officer, was granted an additional 25,000 options. The Plan has been approved by the Company’s shareholders.

About Cash Store Australia

Cash Store Australia is the only payday advance broker in Australia publicly traded on the TSX, Venture Exchange (AUC.V). Cash Store Australia operates 78 payday advance branches in the States of Victoria, Queensland, Tasmania, and New South Wales Australia under the banner “The Cash Store”.

Cash Store Australia acts as a broker to facilitate payday advance services to income-earning consumers who may not be able to obtain them from traditional financial institutions.

This News Release contains “forward-looking information” within the meaning of applicable Canadian securities legislation. Forward-looking information includes, but is not limited to, information with respect to our objectives, strategies, operations and financial results. Generally, forward-looking information can be identified by the use of forward-looking terminology such as “plans”, “expects”, or “does not expect”, “is expected”, “budget”, “scheduled”, “estimates”, “forecasts”, “intends”, “anticipates”, or “does not anticipate”, or “believes” or variations of such words and phrases or state that certain actions, events or results “may”, “could”, “would”, “might”, or “will be taken”, “occur”, or “be achieve. Forward-looking information is subject to known and unknown risks, uncertainties and other factors that may cause the actual results, level of activity, performance or achievements of Cash Store Australia , to be materially different from those expressed or implied by such forward-looking information. All material assumptions used in making forward-looking statements are based on management’s knowledge of current business conditions and expectations of future business conditions and trends. Although we believe the assumptions used to make such statements are reasonable at this time and have attempted to identify in our continuous disclosure documents important factors that could cause actual results to differ materially from those contained in forward-looking statements, there may be other factors that cause results not to be as anticipated, estimated or intended. Certain material factors or assumptions are applied by us in making forward-looking statements, include without limitation, factors and assumptions regarding our continued ability to fund our pay day loan business, rates of customer defaults, relationships with, and payments to, third party lenders, demand for our products, as well as our operating cost structure and current consumer protection regulations. There can be no assurance that such information will prove to be accurate, as actual results and future events could differ materially from those anticipated in such information. Accordingly, readers should not place undue reliance on forward-looking information. We do not undertake to update any forward-looking information, except in accordance with applicable securities laws.

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

[…]

Cash Advances for Business Owners Made Easy at RetailCapital.com

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PayDay Loans Online Faxless Online PayDay … – freelangonline

Image cash-payday-300x148.jpg

PayDay Loans Online Let’s face it: there are times after you would like cash currently. If you’ve got unhealthy credit, and sure no credit cards as a result, access to quick money isn’t as straightforward because it appears. Finding a loan could be a problem since it concerned faxing documents, rummaging a credit check and waiting, waiting, waiting. However, instant on-line loans will solve that downside if you would like to borrow up to $1,500. conjointly referred to as payday loans, instant loans don’t need faxing documents, don’t have any credit check and may be deposited right into your checking account at intervals twenty four hours.

A Great selection

Cash Advance In order to qualify for a moment loan, you would like to offer the lender some basic info. this may embrace your name and address, home phone range, checking account and routing range and employer. All of this info will be stuffed out in one, straightforward on-line kind and sent to multiple lenders on-line instantly. Once your info has been shared, you may be given many quotes from on-line lenders which will embrace principle quantity, interest rates, and alternative fees.

Using the net application method could be a nice selection since it’ll generate selections for you and permit you to assess the various choices accessible while not leaving your home or workplace. you’ll be able to fill out your application, choose a lender and acquire the cash you would like all at intervals a number of hours.

Repaying a Payday Loan

As the name implies, payday loans will be alittle completely different in terms of their compensation as hostile ancient personal loans. the concept is that the loan is an additional payday for you and is then reimbursed when your real payday comes around. during this respect, you may typically be given between fourteen and forty five days to pay back all of your loan and interest. this can be why obtaining PayDay Loans Online suggests that solely borrowing up to $1,500. it’d be nearly not possible to payback over that in such a brief amount of your time.

Also, it’s necessary to notice that almost all payday loans can carry interest rates that are slightly beyond you’re used to seeing advertised. this can be as a result of the short terms of payday loans makes it unprofitable for lenders to charge an occasional interest rate. that’s why comparing completely different offers is crucial. you would like to form positive that you just are gettong the foremost cash for the smallest amount interest.

Free Application and No Obligation

If you’re still wondering if obtaining a moment payday loan is that the right call for you, then you’re in luck. on-line lenders perceive the various selections that go into taking a loan which individuals with unhealthy credit are in an particularly tight place. Therefore, there’s no fee for filling out an internet application for a payday loan and no obligation to require the loan. this offers borrowers Online PayDay Loans the chance to visualize what choices are out there and build an informed call. while not the effort of faxing documents or rummaging a credit check, if you would like cash, a minimum of wanting into the chance of an internet payday loan could be a good way to start your hunt for answers.

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No Teletrack Payday Loans In Uk Fast Apply. | ADVENTURE …

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No Teletrack Payday Loans In Uk Money Assistance when you want it Get $1500 Cash right after One Hour! No Faxing Fast Payday Loan . Low Credit Score and No Credit rating OK. Get Approved Easily. Get Quick Loan Nowadays

No Teletrack Payday Loans In Uk
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One on one Lender Payday Loans – Payday Advance On-line With …

If you’ve tried obtaining a loan, you probably know how difficult it may be, specially at a lender. Lender loans are often refused. Regardless if they are not, the paperwork involved will take forever. So, if you’d like fast cash, one on one financial institution payday loans may be right for you.

Even direct lenders have not always been known for handily lending money. Even so, situations are transforming. Nowadays, you will find plenty of payday loan lenders on the net. Not only that, but a lot of them aren’t necessitating any paperwork or fax required.

An Aggressive Side:

The thing is that, several on the web lending companies want much more clients. They’re always interested in establishing a competitive edge around their friends. So, they are trying to be as hassle-free as you can. Which means that applications just take five to ten moments to fill in with out documents is absolutely necessary.

Achieving The Needs:

What’s needed for cash advance loans aren’t that hard to satisfy. Even so, a person of them. You need evidence of id, a previous address as well as a bank-account. You need to being a grownup (18 or old).

The one other significant need is basically that you will need to have whether work or perhaps a steady revenue stream, such as a retirement living check. In the end, you must have an easy method of handing over the loan back. If you don’t, the loan originator will reject your application.

The Loan Quantities Change:

Among the disadvantages of payday loans is always that loan portions fluctuate tremendously. Sadly, each and every home loan company possesses his own requirements for deciding simply how much to lend. It’s usually depending on your account plus your work income. Consequently, you might struggle to acquire how much money you want or need to have.

Larger Awareness:

One other challenge with some payday loans could be the greater attention which is attached to them. Payday loans are only meant to be brief-phrase payday advance lenders loans. Stretching out the terms of the loan is just not a good idea because of the incredibly high interest rates. So, go ahead and, you should use a payday loan in order to, however you should not get anymore to shell out the dough than is completely required.

As a result, now that you know a lttle bit about primary loan provider payday loans, you’ll be able to make a decision regardless of whether you want a single or otherwise not. If you do, just be sure to find the right organization to approve the loan. Differ to any improbable loans you will be not capable to repay quickly.

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Fed Says Student Loans Soar Even as Consumers Cut Debt

US News

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Fed Says Student Loans Soar Even as Consumers Cut Debt

CNBC.com | May 31, 2012 | 03:01 PM EDT

U.S. households are shedding debt at a relatively impressive pace. Except, that is, for student-loan debt.

A new report from the Federal Reserve Bank of New York finds that total household debt has fallen by $1.5 trillion as of March from its peak in the third quarter of 2008, or a pace of about $150 billion in debt reduction per quarter. That $150 billion, by the way, helps explain why this expansion has been so anemic; think of it as the amount that is being siphoned out of household income to pay off debts or piling up at banks as non-performing loans. In any case, U.S. households are making some progress to clean up their balance sheets. Except, that is, in the case of student-loan debt. Outstanding educational debt stood at $904 billion as of March, according to the N.Y. Fed; it has risen by $293 billion since 2008.

That $904 billion figure is one of the more specific attempts to pin down the total size of student-loan debt, which some agencies, like the Consumer Finance Protection Board, have previously estimated at roughly $1 trillion in size. There is much concern about high debt levels among younger people in particular, and default rates in the double-digit range already in some cases, which could worsen if job prospects don’t turn up decisively soon.

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New AEON service provides cash over-the-counter at 7-Elevens

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New AEON service provides cash over-the-counter at 7-Elevens

SUCHEERA PINIJPARAKARN
THE NATION June 1, 2012 1:00 am

AEON Thana Sinsap (Thailand) has launched a new service whereby holders of AEON cash cards can withdraw money over the counter at 7-Eleven stores nationwide, said Yasuhiko Kondo, managing director of the finance company.

This is an extension of AEON’s “Your Cash” product, a revolving loan service allowing customers to use their credit line to withdraw money from the firm’s automated teller machines.

The counter service offered by 7-Eleven currently accepts 10 million bill payments per month from the customers of 300 partners, of which AEON is one. Under the new agreement, AEON cardholders can withdraw cash in addition to paying bills.

AEON is the first non-bank to launch such a counter service. Cardholders can withdraw between Bt1,000 and Bt5,000 per time. The service charge is Bt20 per transaction.

AEON expects 20 per cent of its 2 million Your Cash customers to use this service. Your Cash cardholders currently withdraw Bt1.5 billion per month.

To use the new service, cardholders can call AEON’s automatic call centre to ask for a one-time password. After receiving this OTP via a text message on their mobile phone, customers can go to a 7-Eleven, show their identity card and the password, and receive the cash.

Kondo said new loans this year were expected to grow by 10 per cent from Bt13 billion last year. AEON has outstanding loans of Bt40 billion.

The company will focus more on the upper-income segment, those who earn Bt20,000-Bt30,000 per month, as this segment accounts for only 20 per cent of its 6 million accounts.

“We will seek more partners to launch co-branded cards to attract high-end customers,” he said.


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Uniserve Announces Shares for Debt Transaction, Loan Transaction and Issuance of Stock Options

VANCOUVER, BRITISH COLUMBIA–(Marketwire – May 31, 2012) – Uniserve Communications Corporation (the “Company”) (USS.VNews) announces that, subject to the approval of the TSX Venture Exchange (the “Exchange”) for the shares for debt transaction, it will issue 1,190,710 Shares at a deemed price of $0.10 per Share in settlement of outstanding debt in the amount of $119,071 owed to certain creditors pursuant to debt settlement agreements dated for reference May 31, 2012. The Shares are subject to a four-month hold period under the policies of the Exchange.

The Company further announces that it has granted incentive stock options to employees of the Company to purchase up to 700,000 common shares in the capital stock of the Company pursuant to its share option plan. The options are exercisable on or before May 28, 2015 at a price of $0.10 per share.

The Company further announces that, subject to all necessary regulatory approvals, it has entered into a loan arrangement pursuant to which it will borrow $360,000 (the “Loan”) from a related party (the “Lender”). The loan is secured against the assets of the Company, bears 15% per annum interest and is governed by the terms and conditions of a loan agreement (the “Loan Agreement”) dated May 31, 2012 (the “Loan Date”).

In accordance with the terms of the Loan Agreement, the Lender will lend $360,000 to be repaid within 18 months following the Loan Date. The Company intends to pay the loan from its operating cash flow. In consideration for the Loan, the Company will issue to the Lender 1,500,000 non-transferable common share purchase warrants (the “Warrants”), with each Warrant entitling the holder to purchase one common share of the Company at the exercise price of $0.10 per share for a period of 12 months from the date of issuance. The Warrants will be subject to a four month hold period from the date they are issued. Funds from the Loan will be used for general working capital.

Uniserve Communications Corporation (USS.VNews) is an industry leader in the integration and delivery of voice and data services over multiple IP networks directly or through wholesale partnerships to businesses and retail consumers throughout Canada. Learn more at www.uniserve.com or at www.sedar.com.

This news release was prepared on behalf of the Board of Directors, which accepts full responsibility for its contents.

Michael Schmidt, CEO

Management has prepared this release and no regulatory authority has approved or disapproved the information contained herein. The statements contained in this news release that are not historical facts are forward looking statements. Such statements are based on management’s estimates, assumptions and projections using available information. Uniserve cautions that actual financial results could differ materially from the current expectations due to a number of factors.

Neither TSX Venture Exchange nor its Regulations Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

Contact:

Investor & Corporate Relations

Uniserve Communications Corporation

604-395-7085

invest@uniserve.com […]

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Payday loans no credit check may give you volume such as £100-£1,Five-hundred. These particular fiscal packages are from short-term stint usually 14-31 time however it usually be lengthy with a far more months. These repayment from the distinct payday loan usually is about the payday with the applicant. In contrast to other designs, a lot of these fiscal facilitate demanded considerably high aprs.

Do you need from a payday payday loan to cover up a crisis? Do you really require payday loans with the help of no credit check? There are ways to take advantage of the payday pay day loan you have access to you out of this disaster that is certainly moving on. Your own personal to obtain the loan.

You’ll find prerequisites which may have as being realized to receive how much. The particular client needs an energetic savings account that will have to be at any rate A few months traditional, he/she is required to be these days operating, shall acquire a set salary of for a minimum of £1,Thousand four weeks in addition to the time of this lender has to be more than decades.

Having a payday bank loan features an a small number of ideas that you must know about. The particular charges will be big if the payouts seem to be very late additionally, the interest rate will be really high too. You must know this and apply your payday lending product to be a short-run solution to your complaint.

These are generally loans that are for the purpose of temporarily automobile fixes, hospital situations, or another cash advance last minute. They need to be remunerated promptly coupled with easy avoiding the high costs and huge degrees of fascination.

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Turkey Has ‘Very Large’ Loan Demand on Cash Challenge, EBRD Says

By Emre Peker – 2012-05-31T10:07:17Z

Turkish demand for loans from the European Bank for Reconstruction & Development is “very large” amid a challenging financing environment, a bank official said.

Infrastructure projects may have to be revised to include more equity investments as debt funding is scarce because of the euro area financial crisis, EBRD First Vice President Varel Freeman said in an interview in Ankara yesterday, when he inaugurated the London-based bank’s second office in Turkey.

Prime Minister Recep Tayyip Erdogan is seeking to propel Turkey’s $772 billion economy with at least $10 billion of construction investments, including highways, bridges and tunnels Turkish banks have been unable to plug a funding gap as European lenders have curbed lending to strengthen their balance sheets.

“The EBRD itself is not going to be the answer, we’re not going to be pouring 30 billion euros into a series of infrastructure projects,” Freeman said. “We don’t have the balance sheet for that, but what we can do is to provide, very carefully, catalytic money that can help mobilize others to join us, to help improve the risk perception that other financiers have coming into these projects.”

Since opening its first office in Istanbul in 2009, the EBRD’s loans and equity investments in Turkey have risen to 1.5 billion euros ($1.86 billion) as of last year. The bank’s annual lending target in Turkey is 1 billion euros, with a focus on financial firms, energy projects, infrastructure investments and privatizations.

“I’m quite confident of the overall degree of success that will be encountered, but it will not come quickly it will not come automatically,” Freeman said. “We find a very large demand from private-sector companies and potential municipal partners for EBRD’s loans and equity invests here.”

To contact the reporter on this story: Emre Peker in Ankara at epeker2@bloomberg.net

To contact the editor responsible for this story: Andrew J. Barden at barden@bloomberg.net

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