Lares Capital
Hedge fund manager, small-cap, long/short equity

MicroFinancial: A Subprime Lender Every Investor Should Love


Lending to unbanked, underbanked or consumers with poor credit has always been controversial. The loans usually carry a high interest to cover high default rates, yet politicians claim that cash-strapped consumers are "tricked" into high interest loans that cause them to default.

The stock prices of companies like EZCORP (NASDAQ:...

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