Payday Loan Times

News About the Ever Changing Payday Advance Industry

Arizona Payday Loan Company Robbed, Suspect Still at Large

Filed under: Arizona, Police blotter — Paul Rizzo at 10:55 am on Tuesday, June 5, 2007

Payday Loan CompanyA man wearing panty hose over his head robbed an Arizona payday loan store in East Mesa on Thursday evening of last week, officials say.

Police report that the man came in the payday advance store at 11540 E. University Drive and demanded money about 6:45.

The man took an undisclosed amount of money and fled on foot. He did not brandish a weapon during the robbery.

He is described as White, 25-30 years of age, about 5′5″, with a heavyset build and possible facial hair.

The suspect in the payday cash loan heist was last seen wearing a brown jacket and blue jeans, witnesses say.

The Grand Canyon State is a hotbed of payday loan activity - to the chagrin of many legislators - and as a result, this is not the first time a notable Arizona payday loan robbery has taken place.

Last August, the notorious “cash advance clowns” hit up a number of payday cash loan institutions before being apprehended.

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