Gary Coleman & His Connection to The Triple Crown Of Horse Racing - Sitcoms Online Message Boards

Brian Damage · 06-18-2012, 12:11 AM

J. Paul Reddam, whose 3-year-old colt I’ll Have Another almost won the Triple Crown in horse racing, also owns the lending company, Cash Call.

Reddam marketed his loans aggressively. At one point, Gary Coleman, the former star of “Diff’rent Strokes,” went to CashCall for a $10,000 loan. Reddam promptly signed Coleman up to do television advertisements.

Coleman, who died in 2010, told viewers: “No one else would lend me money, not even my relatives. CashCall — you’re awesome.”

CashCall offers quick to approve, unsecured loans from $2,600 to $25,000 at annual percentage rates ranging from 35.87 percent to 184.36 percent. In 2009, CashCall added mortgages, which make up the bulk of the company’s business.

CashCall in recent years has run afoul of regulators in California, West Virginia and Maryland, who have charged it with a variety of harassing tactics: continual phone calls demanding payment; disclosing borrowers’ debts to third parties, including employers; charging usurious rates; accusing borrowers of fraud; and verbally abusing borrowers. A lawsuit filed in 2009 by California resulted in CashCall’s paying $1 million.

Maryland and West Virginia have accused CashCall of violating state laws that cap interest rates by using out-of-state banks to originate the loans then quickly purchasing the loans. Maryland has proposed a fine of $5.7 million, which is pending, and in a separate action, revoked CashCall’s mortgage lending license.

http://www.nytimes.com/2012/06/06/sp...pagewanted=all

Larenz09 · 06-20-2012, 07:02 PM

In a way, I feel the same way Gary felt when he was alive.

He was struggling so hard to try to make ends meet. He had a hard-as-hell time trying to find an acting job or other work, while at the same time, trying to shake his memories of playing Arnold on the show.

Luckily, I'm getting diability benefits, or else I wouldn't be able to make ends meet either!!! Jobs are so blasted hard to find out there!!!

But I DO remember him in that commercial. Used to come on during Maury, Jerry Springer or Steve Wilkos shows.

06-18-2012, 12:11 AM	#1
Brian Damage I'm Rich Bitch Forum Icon Join Date: Feb 03, 2002 Location: What Ain't No Country I Ever Heard Of...They Speak English in What? Posts: 63,108	Gary Coleman & His Connection to The Triple Crown Of Horse Racing J. Paul Reddam, whose 3-year-old colt I’ll Have Another almost won the Triple Crown in horse racing, also owns the lending company, Cash Call. Reddam marketed his loans aggressively. At one point, Gary Coleman, the former star of “Diff’rent Strokes,” went to CashCall for a $10,000 loan. Reddam promptly signed Coleman up to do television advertisements. Coleman, who died in 2010, told viewers: “No one else would lend me money, not even my relatives. CashCall — you’re awesome.” CashCall offers quick to approve, unsecured loans from $2,600 to $25,000 at annual percentage rates ranging from 35.87 percent to 184.36 percent. In 2009, CashCall added mortgages, which make up the bulk of the company’s business. CashCall in recent years has run afoul of regulators in California, West Virginia and Maryland, who have charged it with a variety of harassing tactics: continual phone calls demanding payment; disclosing borrowers’ debts to third parties, including employers; charging usurious rates; accusing borrowers of fraud; and verbally abusing borrowers. A lawsuit filed in 2009 by California resulted in CashCall’s paying $1 million. Maryland and West Virginia have accused CashCall of violating state laws that cap interest rates by using out-of-state banks to originate the loans then quickly purchasing the loans. Maryland has proposed a fine of $5.7 million, which is pending, and in a separate action, revoked CashCall’s mortgage lending license. http://www.nytimes.com/2012/06/06/sp...pagewanted=all
	__________________ The Key to the Kingdom of Heaven: John 3:3 *Money Doesn't Buy Happiness...But I'd Rather Cry in My Private Jet*

06-20-2012, 07:02 PM	#2
Larenz09 Gary Coleman, we'll miss you! Forum Regular Join Date: Jun 12, 2008 Location: East Boston, MA. Posts: 659	In a way, I feel the same way Gary felt when he was alive. He was struggling so hard to try to make ends meet. He had a hard-as-hell time trying to find an acting job or other work, while at the same time, trying to shake his memories of playing Arnold on the show. Luckily, I'm getting diability benefits, or else I wouldn't be able to make ends meet either!!! Jobs are so blasted hard to find out there!!! But I DO remember him in that commercial. Used to come on during Maury, Jerry Springer or Steve Wilkos shows.
	__________________ Farewell, Gary Coleman. In fond loving memories of you. R.I.P..