Payday Loan Companies Among Top Stock Buys
Historical archive, first published 2006 — payday-lending laws and rates have changed since. Preserved for the record.
Even as news about payday loans and possible regulations on them dominate the headlines, a couple companies appear to be doing quite well for themselves.
According to Marketocracy.com - which tracks more than 60,000 stock portfolios that are run by amateur investors - top analysts poured new money into small-cap financial services companies. Specifically, two of those top buys were companies that operate pawnshops and make payday loans:
What does this mean? The industry is still thriving in certain areas. It could be possible that if you find the right quick cash advance company, you can actually receive assistance from these cash advances.