DFC Global (Payday Loans, Pawn) Borrowing $200 million at 3.25% senior convertible notes due 2017.
DFC Global -DLLR- is getting their hands on $200 million dollars at 3.25%! Yeah, the notes have a convertible feature with a 21% premium but geez Louise! My clients and I have to pay 2% – 3% A MONTH for capital to put on the street. From the Press Release: The notes will be unsecured, [...]
Video-Banks In Cahoots With Payday Loan Businesses
Payday loans and banks? I like this! It’s worth watching no matter how you feel about banks, the payday loan industry, making money…The financial numbers quoted in this video are a bit skewed, a little dated and are meant as an attack on banks and the payday loan industry but check it out and leave [...]
Spy on a Payday Loan Company-Their Plan and Financials
You want the inside scoop on the payday loan industry? Are you drooling over the profits you hear are occurring in the micro-lending/AFS (alternative financial services, payday loans, car title loans, peer-to-peer lending… ) industries?
Positive Payday Loan News-Wall Street Journal and CNBC
The payday loan industry received some very positive attention from wall street today! Get a copy of today’s Wall Street Journal and view CNBC’s Maria Baritromo program!
Payday Loan Profits – Cash America Coninues to Grow and Prosper
So… the big, sophisticated guys and, from what we hear, many of the small players operating under the radar, continue to expand to increase market share and to achieve record profits. It appears they’re certainly not sitting on the side lines at this juncture in the economy.
Future of Payday Loan Insight-Advance America provides Insight
Want some really interesting insight into whats going on in our industry? Go here and read the last 2 or 3 10-Q’s. Man… make my head tingle! Click here: Advance Cash America Investors
If you’re like the majority of our readers, legislation and alternative products are of great interest. Here’s a little insight into the advance cash America thinking from their 10-Q:
Changes in Legislation
Payday Loan Company EZCORP on the Motley Fool
The point is made that our payday loan customers, like most citizens of the world, are loaded with debt and have no one to turn to but us. Who but a payday loan lender will advance $300 to $1500 with little more than a promise to pay us back. A job and a bank account is all that is required.
Payday Loan Industry QC Holdings Fourth Quarter Results 2008
Overland Park, Kansas based QC Holdings, Inc. is a provider of short-term loans in the United States, operating 585 branches in 24 states at December 31, 2008. Having 25 years of operating experience in the retail consumer finance industry, the company entered the short-term loan market in 1992 and, since 1998, has grown from 48 branches to 585 branches through a combination of de novo branches and acquisitions. During fiscal 2008, the company advanced approximately $1.4 billion to customers and reported total revenues of $227.7 million.
Payday Loan Industry – Listen and Learn from a Payday Loan Industry Leader
QC Holdings, Inc. (NASDAQ: QCCO) announced that it will release its financial results for the three months and year ended December 31, 2008 prior to the opening of the markets on Thursday, February 12, 2009, and will discuss its results on a conference call on February 12, at 2:00 p.m. EST. Stockholders and other interested parties are invited to listen online at www.qcholdings.com or dial (866) 202-4683, passcode 37833917.
Pawn Shops and Payday Loans: No Recession Here
Payday loan and pawn shops are looking ahead to 2009 with high expectations. Zack’s Financial Research predicts good returns for EZCORP.
