How to Invest in Six Demographic Trends [View article]
True... And in particular, our new President has actually begun to look at the rates they charge, with an eye to bringing them down to a reasonable level which is what has spooked investors of these stocks lately... I'd suggest replacing these lenders with RNT, which provides 'rent to own' furniture... A similar 'poor America' play, which actually had a nice dip.. Should have 16% upside within a couple of months.
jegan
On Feb 08 11:52 AM User 353103 wrote:
> First Cash (seekingalpha.com/symbo...) is a payday lender, > whose business depends on low income workers. As more of them become > unemployed, there will be less payday checks to cash. Also, there > is no question that states will increase restrictions on these companies.
How to Invest in Six Demographic Trends [View article]
jegan
On Feb 08 11:52 AM User 353103 wrote:
> First Cash (seekingalpha.com/symbo...) is a payday lender,
> whose business depends on low income workers. As more of them become
> unemployed, there will be less payday checks to cash. Also, there
> is no question that states will increase restrictions on these companies.