Visit Your Pawn Shop For A Day Of Exciting Shopping:
Well to answer your question, lets look at the history of pawn shops. Pawn shops date back to ancient times and are one of the earliest recorded lending institutions. During the late middle ages the House of Lombard in Europe had a group of pawn shops. The sign of the House of Lombard was three golden balls and this sign was associated with the pawn industry.
The pawn industry came to America with the first settlers and in the early parts of this century pawnbroking was regarded as the main source of consumer credit. With the rise of large consumer credit institutions, such as finance corporations, savings and loan associations, and credit unions, the pawn shop is no longer the major source of consumer credit. But the pawn shop still plays a vital roll in the area of providing consumer credit.
The general public needs to borrow small sums of of money that other sources are not willing to provide and this resulted in the rise of popularity of pawn shops. What chance do you think you would have in securing a $300.00 or smaller loan from a financial institution for a 30 to 90 day period? The cost of the paper work alone prohibits them from making such loans on a regular basis.
What Can You Find in Today's Pawn Shop?
Variety makes visiting the pawn shop an exciting and enjoyable experience. You never know
what you will find. You would have to visit dozens of different types of retail stores to find all
of the different merchandise found in a single pawn shop.
Items such as:
- Sporting goods
- Musical instruments
These are just a select few of the things that you may find in a pawn shop, the list goes on and on. The unique thing about a pawn shop is that the merchandise is always changing, so whenever you visit your favorite shop, there will always be something new for you to see.
Pawn Shops - Home for Great Bargains?
If your interested in saving money and finding great values, the pawn shop is the place for
you. Today's pawn shops have it all, with good values at a great prices, where you get the
most for your dollar. Quality merchandise at outstanding prices is what the modern pawn
shop is all about. You'll
find vast savings at bargain basement and close-out
A wonderful aspect of the pawn shop is that the variety of brands of merchandise is very large. For example, lets say you are looking for a DVD player. Most retail stores may carry three or four brand name DVD players, but a pawn shop may have as many as a dozen or more brands to choose from. This makes comparison shopping a breeze. You don't have to drive to several different electronics stores to find the brand and model that fits your particular needs. Instead you can do your comparison shopping in one convenient location. Another advantage a pawn shop offers is different model years of merchandise, often at a vast savings over the newer models. Some models, not considered to be the latest and greatest, can be found at a pawn shop for a substantially discounted price.
- Where Does the Merchandise Come From?
Many previously owned merchandise of excellent quality can be found on the shelves of your
local pawn shop. Every time a pawn broker makes a loan on an item they know that in the
future this item may be on their shelf for sale. Therefore, they will only make loans for good
quality merchandise that they will be able to sell.
Also the pawn
shop is an established business, the pawn broker is not here today gone tomorrow like flea
market vendors, auctions, or the guy selling merchandise out of the back of his van on the side of the road. Today's pawn broker knows his business is only as good as his reputation and he wants to maintain a good reputation, it's as simple as that.
Isn't a Lot of the Merchandise in a Pawn Shop Stolen?
Today's Pawn brokers are regulated and licensed by the state to insure they do not deal in
stolen merchandise. All transactions are closely monitored by law enforcement agencies
to insure that pawn shop merchandise is not stolen. As stated earlier, the pawn shop is
business enterprise, not here today gone tomorrow. Rest assured that
the merchandise you
find in the pawn shop is not stolen.
- So what are you waiting for?
Shopping in your pawn shop is fun. No where else can you find the value and variety offered
on shelves of a pawn shop. There is no other business like the pawn business, and no two
shops are run just alike. The vast majority of pawn shops are managed by individual owner operators, making each one a little different from the other.
There is a world of bargains to be found in your neighborhood pawn shop. Check it out you'll be glad you did and make visiting your local pawn shop a worthy part of your shopping experience.