Diversifying
December 27, 2010 | alternatives, Arizona, industry | Comments (1)One company responds to Arizona law:
A Scottsdale-based chain of consumer-finance kiosks inside national furniture and appliance retail stores has been sold to Rent-A-Center Inc. for $75.5 million in cash.
Privately held The Rental Store Inc. provides in-store financing for big-ticket items purchased at stores such Mor Furniture for Less, Ashley Furniture and others.
Comments»
Where payday lending isn’t allowed, due to idiocy, there needs to arise payday shopping, where consumers can put off paying for goods until payday, with the seller earning a profit not from interest on the deferred payment but simply on the relatively high mark-up on the goods.