U.S. Alternative Financial solutions marketplace review 2020 with In-depth Company Profiles of 19 Players EZCorp that is including money, QC Holdings, Western Union and much more
News supplied by
Share this informative article
This updated analysis examines the controversial “alternative monetary services” sector – a $36 billion company composed of fragmented and loosely regulated check cashing and cash transfer solutions, cash advance solutions, pawn stores and rent-to-own shops. These retail and online outlets serve the “unbanked” portion of this U.S. populace. A lot of companies are content to just accept business of customers with spotty credit documents whom require money fast, and who’ve been refused by banks–the 12+million households that choose to not make use of conventional banking institutions.
There are about 12,000 check cashing shops, 14,000 cash advance outlets, 800,000 cash transfer agents, 11,000 pawn stores and 10,000 rent-to-own shops contending with this company today. Devamını oku