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First Cash Financial Services Inc. Message Board

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  • firstcashlong firstcashlong Jan 26, 2000 10:48 AM Flag

    Explain 2.2 mil balances?

    the rate everybody is talking about is 20% a
    month. By the way, this is the same rate charged on some
    pawn loans in Texas. The difference is that you've got
    to do without your TV, golf clubs, etc. with a pawn
    loan.

    BTW, monski and microcapvalue are the same person if
    you haven't figured it out yet (I can prove it later
    if you want). Go back and read his message #600. He
    had absolutely no idea what a payday loan is, and
    probably still doesn't, yet he jabbered and yacked and
    whined about how bad they were. Don't let him rattle
    you, he's one of the least informed posters on this
    board, trust me.

    In his next post he doubted the
    payday loans would do well because most pawn customers
    don't have checking accounts. Wrong again, as evidenced
    by the huge growth to $2.2 million in payday loans
    in the pawnshops less than 3 months after they
    started them.

 
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