Letter from the General Manager

Hello Everyone,

March is in the rearview mirror. That quarter flew by fast! As of April 1, all stores will be open on Sundays. This brings back a norm in our operations. Roseville will be the last to open and we are excited to get all the locations on track again. We are seeing more applicants and are optimistic about rebuilding our teams to function properly. During March, we saw an influx of tax money. This presented itself in redeems and replacement loans. We have seen more items sell but did not see an increase in gross sales compared to 2022. The top salesperson for March 2023 was Dominic T 1st Place. Second place goes to Norma B. and 3rd place goes to Danni R. Awesome work, team! Also, the top 3 salesperson for quarter 1 was Dominic who got 1st place, Norma 2nd place, and Danni 3rd place. For qtr. 2, Dominic, Norma, and Danny qualify for the higher weekly bonus percentage once they hit the minimum of $2,000.00. Once asked, this team will let you know that our layaway program works!

Spring is here & Summer is right around the corner. Now is the time to do spring cleaning and move that “B” & “C” grade merchandise. Each store has some inventory that is less than eye-appealing merchandise. Let us be active in moving those items as we go into months when we will naturally start to grow. We will accept reasonable offers on products. Please consult your management team if you have any questions.

To conclude, we have been closely monitoring the market and have a close eye on the economy. We feel there will be an opportunity to maximize more of our loan book as banking uncertainty remains prevalent. Both gold and silver are spiking up, presumably because of poor monetary policy. With inflation, increased interest rates, and prices of groceries and utilities, families are trying to figure out how to make do with less in a world where everything costs more. We are compassionate and eager to help our clients find a solution to their short-term financial problems. We have been and currently are offering 1% interest loan for the first 30 days of their loan contract. Let’s remind our clients that this is advantageous for them in their time of need.

Sincerely,

Wayne Silliman General Manager

“Your success in life isn’t based on your ability to simply change. It is based on your ability to change faster than your competition, customers and business.” -Mark Sanborn