Cash Store Financial (TSX:CSF) announced Tuesday it plans to acquire EZ Cash, a regional payday loan provider with 14 locations throughout Saskatchewan.
I pulled out the old calculator, and that’s about $315k/store. Not bad.
Comments
One response to “Cash Store buying Sask. regional payday loan provider for $4.4 million”
WOW a “reporter” that can actually use a calculator!!
If only those reporting on the industry from outside our industry could do the same, we would never again hear the ol’, “…and you don’t need to be a financial analyst to know that 391% APR is just outrageous….”
Comments
One response to “Cash Store buying Sask. regional payday loan provider for $4.4 million”
WOW a “reporter” that can actually use a calculator!!
If only those reporting on the industry from outside our industry could do the same, we would never again hear the ol’, “…and you don’t need to be a financial analyst to know that 391% APR is just outrageous….”
…or would we?