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Pawn Shops: Economic barometer.
The National Pawnbrokers Association reports that there are over 30 million pawn store customers per year and they appreciate this unique form of credit and tend to borrow only what they need, as evidenced by the relatively low national average loan ...
read more »Pawn shop customers
Pawn shop customers come in every shape, size, and economic level. There are those who come in to browse for good deals for their coin collection, their gun collection, or their baseball card collection. There are those who come in to pawn or sell th...
read more »Pawn Shops Attract Upscale Clientele
Pawn shops are turning from the shady realm of the lower class to a place for rich people to get loans, the Wall Street Journal reports. The typical household income of a pawn shop customer is $29,000, but new middle- and upper-class clients are surg...
read more »Gold falls on easing euro zone fears
Gold prices eased on Friday as fears about the health of the global economy abated after successful debt sales by Spain and Italy encouraged investors to put their money in riskier asset.Bullion was still headed for a second straight week of gains on...
read more »Pawn Shops Don’t Deal in Stolen Goods
Pawn shops are a heavily regulated businesses that (depending on your region) are in constant contact with law enforcement agencies. Every item pawned or sold is cataloged, IDs are checked, and the data is sent to local law enforcement. Items sold or...
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