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Old 8th August 2014 | Show parent
  #8
Lives for gear
 
DarbyOhara's Avatar
 

Quote:
Originally Posted by SighBorg View Post
Pawn shops offer several useful functions thats hard to get other places, even though the deal is "bad":

1. Cash now, like right now. You walk in with the gear, walk out with cash. This can mean the difference between being able to pay rent or going homeless or losing their car to a lot of people.
2. A fast way to get a loan, even if you're at the point where no bank is going to talk to you.
3. You can use things for loan collateral no bank would accept.

Exactly! It's not for everyone for everyday business. Afterall, it is the primary source of "doing business" going back centuries! And they are regulated and monitored. So most operate under strict control.

I scour some of them just for bargains... It's hard to find bargains cause they love to markup for sales. And with ebay history sales it makes it that much easier to research. But sometimes you stumble across a treasure the owners had no idea what is was...