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FirstCash Holdings (STU:FF60) Cash Payments for Deposits by Banks and Customers


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What is FirstCash Holdings Cash Payments for Deposits by Banks and Customers?

Cash Payments for Deposits by Banks and Customers only applicable to companies reporting Cash Flow from Operations in direct method.

FirstCash Holdings (STU:FF60) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Financial Services » Credit Services » FirstCash Holdings Inc (STU:FF60) » Definitions » Cash Payments for Deposits by Banks and Customers
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SLM WU OMF OBDC CACC NNI QFIN LU SOFI UPST V MA AXP PYPL COF BOM:500034 IST:QNBFL DFS BOM:543257 SYF
Traded in Other Exchanges
FCFS:USA
Address
1600 West 7th Street, Fort Worth, TX, USA, 76102
Website
https://www.firstcash.com
FirstCash Holdings Inc operates pawn stores in the United States and Latin America. Its primary business involves making small loans secured by personal property. These pawn loans give the borrower the option of either repaying the loans with interest or forfeiting the property without further penalty. Close to 30% of total company revenue comes from interest earned on the loans. Close to 70% of total revenue comes from reselling forfeited property in the company's retail stores. Revenue is split almost equally between loans made in the United States, where the company has more than 300 retail locations, and loans made in Latin America, where the company has over 700 locations in Mexico and several more in Guatemala.