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Original Message:

Re: Dream Travel Condos anyone? (by Lou B.):

Triad is owned by the same people. When you buy a Vacation membership, since most people don't have $15or $20k on them, and they don't want to give you time to cool off and change your mind before they have you on the hook financially, they make you apply for a loan with Triad. Then you have a period of time to pay off the balance with no interest, otherwise they charge "loanshark" level interest rates. It's just another way for them to take more of your money. I doubt Triad does anything but loan money to vacation club membership buyers. I can't see anyone off the street going to them for any other type of loan.

rosinam3 wrote:
Does anyone know what is the connection between Suitelife and Triad International Corporation? Both companies are located in the same suite at the same address in Woodbridge, Ontario. Triad's website says it is a private finance company. It provides financing and personal loans. It also has an accounts, credit and collections department and a legal services department.