Money Store
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Please note that the content of this book primarily consists of articles available from Wikipedia or other free sources online. The Money Store was a company that was based in , but with most of its corporate employees in . It specialized in sub-prime home equity loans, and also was a large lender. Corp. of Charlotte, N.C., paid $2.1 billion for the lender in June 1998. First Union closed the company two years later, at a loss of $1.7 billion, as a result of a shakeout in the sub-prime market. However, the student loan division, Educaid, and the SBA loan division were retained by First Union.…mehr

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Please note that the content of this book primarily consists of articles available from Wikipedia or other free sources online. The Money Store was a company that was based in , but with most of its corporate employees in . It specialized in sub-prime home equity loans, and also was a large lender. Corp. of Charlotte, N.C., paid $2.1 billion for the lender in June 1998. First Union closed the company two years later, at a loss of $1.7 billion, as a result of a shakeout in the sub-prime market. However, the student loan division, Educaid, and the SBA loan division were retained by First Union. Alan Turtletaub founded The Money Store in 1967. He was succeeded as president by his son, . In 1991, the company went public, and in 1997 was listed on the New York Stock Exchange. Baseball Hall of Famer (with his "holy cow" ad) was a longtime advertising pitchman for the company. He was then followed by , another Hall of Famer.