3 Payday Loan Stocks Set to Cash In on Summer Spending

Payday loan stocks may perform strongly this summer as the US economy appears headed for a situation that could benefit companies and consumers. With historically low unemployment rates and more people receiving paychecks, the potential for an expanded base of payday loan customers remains solid, especially as interest rates are expected to decline throughout the year. Payday loan companies saw profit declines due to higher financing costs as interest rates rose in recent years. However, the current environ ...