People with higher income than normal are turning to non-traditional methods of making ends meet, like payday loans and rent-to-own furniture/appliance outlets. Stores like Aaron's and Rent-a-center have been reporting more income, and also that the income level of their average customer is going up, just s the income level of those using payday loans has increased. Credit has been tightening all over the country and a lot of people are seeing less reason to use either banks or credit cards for their short term credit needs. Hey – at least you don't see any payday loans stores getting a corporate jet with public funds.
People with higher income than normal are turning to non-traditional methods of making ends meet, like payday loans and rent-to-own furniture/appliance outlets. Stores like Aaron's and Rent-a-center have been reporting more income, and also that the income level of their average customer is going up, just s the income level of those using payday loans has increased. Credit has been tightening all over the country and a lot of people are seeing less reason to use either banks or credit cards for their short term credit needs. Hey – at least you don't see any payday loans stores getting a corporate jet with public funds.
Posted by: JessieG at February 10, 2009 2:51 AM in response to Rent-to-Own at 360 Baltic