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Stimulus checks hurt Advance America |
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Thursday, 24 July 2008 |
SPARTANBURG -- Advance America, Cash Advance Centers reported that second-quarter net income fell 37%, in part because the government stimulus checks cut into its payday lending business. Net income fell to $9.3 million, or 14 cents a share, versus $14.8 million, or 19 cents a share, a year earlier, the Spartanburg company reported Wednesday.
Read more at The (Columbia) State...
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