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Thomson Financial Business Description:
| The Group's principal activity is to provide loans. The company operates in two segments namely EZPAWN and EZMONEY stores. EZPAWN stores offer loans which are non recourse collateralized by tangible personal property. They also sell merchandise, primarily collateral forfeited from pawn lending operations. EZMONEY stores offer short term non collateralized loans, oftec called as Payday loans or fee based credit services to the customers seeking loans. As on 30-Sep-2007, the company operates through 304 EZPAWN stores and 427 EZMONEY stores. In 2007, the Group acquired twenty Mexico pawnshops from MMFS International SA de CV, a subsidiary of Mister Money Holdings Inc. |
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