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Sep 28, 2017 - 34 minute read

Ez cash advance loris sc

A boom in online payday lending in Australia has helped Cash Converters return to profit after multimillion-dollar losses last year. The company, which is known for its bright yellow pawn shops, hopes to cash in on the growing number of Australians turning to the internet for fast cash.

More than 1 million Australians are estimated to ez cash advance loris sc out a deduct interest on personal loan for business loan each year.

Photo: Karl Hilzinger. It plans to expand its store network in Australia while retreating from Britain, and invest more in the fast-growing online lending market. The change in strategy comes after a drop of more than 50 per cent in its share price in 2015, amid a government review of the laws in the payday lending sector. Cash Converters plans to expand its store network in Australia.

Cash Converters managing director Peter Cumins said the company believed it had the best chance of making sustainable profits in Australia, where it held a dominant market share in payday lending. "Our new strategy is to build on our ez cash advance loris sc brand and network strengths in Australia where we are the industry leader," he said. "If our industry is to be fully accepted by government and community as an integral part of the financial services sector, we need to ensure we continually deliver high-quality products and services while maintaining the highest compliance standards.

Ez cash advance loris sc

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Ez cash advance loris sc

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