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Quick_Money_loan » Quick Money Loan - Radio Rentals turns lender - NEWS.com.au

Quick Money Loan - Radio Rentals turns lender - NEWS.com.au

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RADIO Rentals is to draw on its huge client list and offer loans to hard-up customers with poor credit ratings who need a quick injection of money to tide them over. A trial will start in Tasmania in January next year, says John Hughes, the managing director of RR Australia, which trades as Radio Rentals. Mr Hughes said the cash loan venture was part of a strategy to expand the company and provide customers with a wider choice of services. The announcement of the cash loans venture came as Radio Rentals delivered a better than expected 148 per cent lift in half-year net profit to $4. Mr Hughes rejoined Radio Rentals last year as managing director to take the company public. The company rents flat-screen television sets, personal computers, fridges, furniture, washing machines and dishwashers to about 80,000 customers who are from the lower socio-economic groups or on social security. read more

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