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Ric Flair Finance Is Finished

Posted: Jul 10th 2008 By: mikeiles

Looks like a weak economy has put a headlock on Ric Flair's foray into the finance business after less than a year.

The 16-time World Heavyweight Champion's Internet-based company, Ric Flair Finance, is no more. When visiting www.ricflairfinance.com, the site that once boasted the "Figure-Four Process" of securing a loan now simply lists contact information for booking a Flair personal appearance.

A person who answered the phone at the contact, the Columbia, S.C.-based Gillespie Agency, confirmed that Ric Flair Finance is out of business. The person didn't know how long the company had been offline but that the finance company had been trying to "wrap things up for awhile." The company opened last September

When the Press spoke with Flair in March just prior to his WrestleMania retirement match with Shawn Michaels, he said that the company was making money but also spoke of the finance industry's difficulties.

"There's still a whole bunch of people trying to buy $500,000 homes with a 400 credit score," Flair said, also mentioning the increase in foreclosures nationwide.

Tags: Ric Flair