What Do Pawn Shops Do With Pawned Items?
Many people use pawn shops to obtain quick cash loans for a variety of purposes. According to Statista, the United States has more than 11,000 pawn shops that generate more than $14 billion in annual revenue. You might wonder what happens when items are pawned, so...
How Popular Are Pawn Shops?
Pawning is an ancient practice that has been prevalent all over the world, and yet some people are still not familiar with the practice of pawning or why it’s still popular. Today, according to Statista, pawning is still a huge industry with an estimated 30 million...
What Precious Metals Can I Sell to a Pawn Shop?
Selling precious metals can be a great way to make extra cash when you need it. According to Statista, it’s estimated that 0.7% of Americans pawn precious metals or stones when they need cash. However, to get the most for your precious metals, you need to know...
What Types of Electronics Do People Pawn?
When people need extra cash, heading to a local pawn shop is an excellent way to get it. Pawn shops offer loans, which is when the business holds something for collateral until the loan is paid off. Selling items is another way to earn extra cash when in a pinch. Most...
