I am a bit leery of investing in this company because the check cashing services and payday loans seem like preying on the poor and unsophisticated. I cash my checks for free at my bank, and I borrow thousands for new cars, houses, or just lunch (American Express). I pay no interest at all on my AMEX card, very little on my car loans etc. It seems unfair that I who make in the mid six figures should pay less for a loan than someone who is lucky to make five figures. Is there some moral justification for this type of service or are we the rich just profiteering from the misery of the underclass. I am a strident capitalist but I cannot invest in something that has no justification other than an obscene profit (I guess this quarter it is an obscene loss). Any thoughts?
Best Of |
Favorites & Replies |
Start a New Board |
My Fool |
BATS data provided in real-time. NYSE, NASDAQ and NYSEMKT data delayed 15 minutes.
Real-Time prices provided by BATS. Market data provided by Interactive Data.
Company fundamental data provided by Morningstar. Earnings Estimates, Analy