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  • Wall Street Journal: Diamonds and Furs at Pawn Shops [View article]
    I agree EZPW is in prime position to benefit from the rotting economy and also as the chickens come home to roost from all the bailouts. The dollar will certainly get it's a** kicked and may or may not recover. I also think EZPW will get into the internet space for online lending. A Big growth vehicle for CSH. I would not be surprised to see them make a move for a WireLend.com or comporable site.
    Jan 06 12:33 pm |Rating: 0 0 |Link to Comment
  • Advance America Advances Internet Strategy [View article]
    I don't think anyone should have the right to decide if another person can borrow money when they need it. A cap on interest rates would put every pd company out of business, due to the high default rates the industry would not survive.

    A report by the New York Fed proved that states with pd companies had lower crimes rates and less poverty. The customers that use pd loans can not walk into a bank and ask for a loan, they have bad credit. The only other option is pawn loans. We all know a lot of the product that goes through pawn shops is stolen. So if you are voting against pd companies, maybe you should invest in steel bars for your home and your car. Because people are still going to need money and will find a way to get it. Outlawing pd companies does not solve anything it only creates more problems. So if you don't need pd loans, don't use them. Simple as that. But don't tell others that do need them that they can not have them.

    I found a very responsible website: wirelend.com, they offer cash advance loans but also debt consolidation help for those who may be having debt problem. Check it out.
    Nov 04 12:49 pm |Rating: +1 0 |Link to Comment
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