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The Payday Loan Sector – Sucked Down with Sub-Prime. The Longer Case for EZCorp (EZPW)
We think that it’s time to aggressively spend into the cash advance room which, within our strong view, was inappropriately punished aided by the sector that is sub-prime. We outline the Payday Loan Industry below and argue that the sector has not yet after all been impacted by the sub-prime meltdown and now trades at really compelling valuations. In addition, we propose a recommendation that is specific EZCorp (EZPW) which, inside our viewpoint, is dealing at an extraordinarily low priced valuation and contains 40-70% upside within nine months along with exceptional longer-term leads.
The Pay Day Loan Industry
What exactly is a quick payday loan? The Payday Loan business, sometimes also called the Payday Advance business, is really a customer finance part which involves the unsecured financing of tiny amounts of income, typically $500 or less, for brief amounts of time, typically fourteen days. Continue reading «Ezcorp payday loan The Payday Loan Sector Sucked Down with Sub-Prime. The Long Case»