What happened to PSA's loan business?

THEBULLPEN

Did any of you see that thing on the site the other day about a new loan operation PSA was involved in- something to the effect of loaning half the value of your PSA collection and they hold your cards as collateral. I haven't seen anything about it since, wonder if they reconsidered the whole thing.

gregm13

Would this business venture be referred to as the "PSA pawn shop"?? Someone has to be yanking your chain....

Greg M.

spacktrack

They still have a link on the homepage along the left side "Dealer Financing"

williplett

Bull,

Thanks for pointing that out! It is an interesting concept. Although I wonder if it strays a bit to far from their core competencies. I can wrap my arms more around dealer financing then that.

Oh well, I guess we will see the stock go through the roof on this one.