Now I’m confused
July 13, 2010 | alternatives, industry | Comments (0)Was the star of Pawn Stars a payday lender or an intallment lender? From the story:
Ten years ago, for instance, {Rick} Harrison started Golden Loans, an “installment loan” business, at three separate locations in Las Vegas.
Installment loans — or payday loans, as they’re commonly called — are a fiercely competitive and lightly regulated business that thrives in Las Vegas by offering short-term loans at very high interest rates.
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