EXHIBIT 16.1 December 15, 2004 Securities & Exchange Commission 450 Fifth Street, N.W. Washington, D.C. 20549 Gentlemen: We have read Item 4.01 of Form 8-K/A (Amendment No. 1) dated October 6, 2004, of EZCORP, Inc., and are in agreement with the statements contained therein in the second and third sentences of paragraph 1, and paragraphs 2 and 3 in their entirety. We have no basis to agree or disagree with other statements of the registrant contained therein. Very truly yours, /s/ Ernst & Young LLP - --------------------- ERNST & YOUNG LLP