Industry analysts estimate that more than 15,000 payday advance locations across America extend about $25 billion in short-term credit to millions of middle-class households.
Payday advance emerged in the early 1990’s and grew as a result of robust consumer demand and changing conditions in the financial services marketplace.
Payday advance provides a small, unsecured, short-term cash advance until payday. Customers choose payday advance to cover small expenses and avoid costly bounced-check fees or late payment penalties and other less desirable short term credit options.
The opportunity L.A. Cash offers is a business model where the Owner/Operator becomes a business partner with Cash Associates Group, L.L.C. Cash Associates Group provides all of the knowledge and tools to develop and run a successful payday business. L.A. Cash is owned by Cash Associates Group, L.L.C., a limited liability company organized to open L.A. Cash retail units throughout the U.S.