First Cash Financial Services Inc. (NASDAQ: FCFS) was founded in 1988 and is headquartered in Arlington, Texas. It is a chain financial institution with more than 1,000 pawn shops.
First Cash Financial Services (FCFS):
First Cash Financial Services operates more than 1,000 pawn shops in 14 U.S. states, El Salvador, Guatemala and Mexico. Its retail financial shops and pawn shops buy and sell a variety of jewelry, electrical appliances, tools, sports goods, musical instruments and other commodities , And provide personal small consumption loans pledged by assets.
The pawnshop of First Cash Financial Services Company borrows money by pawning personal property as collateral, and also sells dead goods (things that came to the pawnshop before, but the goods are not redeemed after the redemption period). Consumer financing shops provide credit services, cheque exchange and small unsecured consumer loans.
As of December 31, 2014, First Rich Financial Services owned and operated 912 pawn shops and 93 consumer loan shops in 13 states in the United States and 29 states in Mexico (the number of pawn shops exceeded 1,000 by the end of 2015).