FirstCash Inc.: Semiannual Update
FINANCIAL INSTITUTIONS CREDIT OPINION 28 November 2017 Update Contacts Gene Berman +1.212.553.4139 AVP-Analyst [email protected] Brian L. Harris +1.212.553.4705 Senior Vice President/ Manager [email protected] Ana Arsov +1.212.553.3763 MD-Financial Institutions [email protected] Jason Grohotolski +1.212.553.1067 VP-Sr Credit Officer [email protected] Nataliya Loengard +1.2FirstCash is an operator of retail pawn stores in the United States and Latin America. The company has stores in the United States and the District of Columbia, Mexico, Guatemala, El Salvador and Colombia. The company's primary business is the operation of pawn stores, also known as pawnshops, which make pawn loans secured by personal property such as jewelry, electronics, tools, appliances, sporting goods and musical instruments. Pawn loans can be accessed by customers who often have limited access to credit products. Pawn stores also retail consumer products acquired through collateral forfeitures on forfeited pawn loans and direct purchases of such merchandise from the general public.
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