Payday loan stores might benefit from security cameras.

Robberies at payday advance loan stores

Robberies are happening at Payday Loan Stores

I’ve come across a lot of news stories lately about robberies at payday advance loan stores. Because of the nature of the business, payday loan stores have to have lots of cash on hand. This has made them popular targets for robbers.  Stores in Washington, Indiana and Iowa have been hit. Before this problem spreads, I think it’s time for action.

Payday loan store security

Most payday lenders already have the sense to make sure there is more than one employee in the store at all times. That is a good first step. But clearly that isn’t enough. Payday loan stores need to do more to protect their employees and their capital. Security cameras could help dissuade robbers or identify them.

Video surveillance could help

Video surveillance cameras have been shown to deter thieves and robbers in all kinds of businesses. The cameras should be visible, but high enough that they can’t be tampered with. Signs on the door informing entrants that there are cameras on the premises will help prevent robberies. ... click here to read the rest of the article titled "Payday loan stores might benefit from security cameras."