FirstCash

FirstCash Holdings Inc. is a pawnshop company headquartered in Fort Worth, Texas, operating as the leading international operator of pawn stores. The company operates through three segments: U.S. Pawn, Latin America Pawn, and Retail POS Payment Solutions. FirstCash operates retail pawn and consumer lending locations across the United States and Lat... in America, including locations in U.S. states and the District of Columbia, as well as throughout Mexico and in Guatemala, El Salvador, and Colombia. The company's pawn stores lend money on the collateral of pledged personal property and make small non-recourse pawn loans secured by pledged personal property including jewelry, electronics, tools, appliances, sporting goods, and musical instruments. FirstCash retail locations buy and sell a wide variety of merchandise and retail merchandise acquired through collateral forfeitures and over-the-counter purchases of merchandise from customers. The company focuses on serving cash and credit-constrained consumers primarily through its retail pawn locations. Through its wholly owned subsidiary, American First Finance, FirstCash also provides lease-to-own and retail finance payment solutions for consumer goods and services through a nationwide network of active retail merchant partner locations. The Retail POS Payment Solutions segment focuses on lease-to-own products and facilitating other retail financing payment options across a network of traditional and e-commerce merchant partners. FirstCash offers convenient layaway services and buys almost anything of value, paying customers cash on the spot. The company operates with a focus on providing accessible financial services and retail options to underserved consumer markets. FirstCash has a significant workforce and maintains an extensive retail footprint across North and Latin America, making it a major presence in the pawn and alternative financial services industry.Read More