Pawn shops are profitable business
August 18th, 2008
In a slowing economy you might not think that pawnshops would be the best business to be in, but with huge growth coming from EZCorp, you might think twice about that assumption. First, with a tight economy more people succumb to easy but expensive cash loans from what might as well be known as legal loan sharks. High interest collateralized and non-collateralized loans are proving to be extremely profitable for EZCorp which trades under the ticker symbol EZPW. Read more…