CURO Group Holdings Corp. (CURO) Tops Q3 EPS by 15c

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CURO Group Holdings Corp. Announces Third Quarter 2020 Financial Results

October 29, 2020 4:05 PM EDT

WICHITA, Kan.--(BUSINESS WIRE)-- CURO Group Holdings Corp. (NYSE: CURO) (CURO or the Company), a market leader in providing credit to non-prime consumers, today announced financial results for its third quarter ended September 30, 2020.

Many of the COVID-19 impacts we experienced in the second quarter continued into the third quarter of 2020 resulting in a 26.5% decline in loan balances year-over-year and an 18.2% decline excluding California Installment loans, said Don Gayhardt, President and Chief Executive Officer. However, increased loan demand and volume from the second quarter resulted in 9.5% sequential loan growth in the third quarter and credit... More