Company description

EZCorp Inc. (Ticker: EZPW) is a financial services company that offers pawn loans, merchandise purchasing, and consumer loans through its over 900 pawn stores across the United States, Mexico, and Canada. The company operates under the brand names of EZPAWN, Value Pawn, and Empeño Fácil, providing financial solutions to individuals who may not have traditional access to credit. Founded in 1989, EZCorp has grown into a leading provider of non-traditional consumer loans, with a focus on providing short-term and collateral-based lending options. The company has continued to expand its market presence through strategic acquisitions and partnerships, including the recent acquisition of online lender Estrella Holdings in 2020. In addition to its pawn and consumer loan services, EZCorp also offers installment loans, auto title loans, and signature loans. These flexible loan options have enabled the company to tap into a large and underserved market, catering to the needs of customers who may have a poor credit score or lack access to traditional bank loans. With a commitment to responsible lending and customer service, EZCorp has established a strong reputation in the industry. Its innovative online tools and mobile apps have also made it easier for customers to access and manage their loans. The company is also making efforts towards sustainable and ethical business practices, which have earned it recognition as one of the 2020 World's Most Ethical Companies by Ethisphere. Although the pandemic has posed challenges for the company, EZCorp has