Payday Loans Online | EZCORP Predicts Stronger Earnings From Payday Loans

During the quarter, the Company realized a stronger than expected signature loan contribution (primarily due to lower levels of bad debt), a net benefit of approximately $0.04 per share from several non-recurring items, and a lower than expected earnings drag from new store openings.

For the year, the Company opened 101 EZMONEY stores and closed one, for a net increase of 100 stores. For fiscal 2007, the Company expects earnings to be in the range of $2.40 to $2.45 per share.

EZCORP is a lender and provider of credit services to individuals who do not have cash resources or access to credit to meet their short-term cash needs.

In 280 EZPAWN locations open on September 30, 2006, the Company offers non-recourse loans collateralized by tangible personal property, commonly known as pawn loans.

At these locations, the Company also sells merchandise, primarily collateral forfeited from its pawn lending operations, to consumers looking for good value.

In 334 EZMONEY locations and 82 EZPAWN locations open on September 30, 2006, the Company offers short-term non-collateralized loans, often referred to as payday loans, or fee based credit services to customers seeking loans.

Such forward-looking statements involve risks and uncertainties such as changing market conditions in the overall economy and the industry, consumer demand for the Company's services and merchandise, changes in regulatory environment, and other factors periodically discussed in the Company's annual, quarterly and other reports filed with the Securities and Exchange Commission.