How Popular Are Pawn Shops?

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?

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?

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...
3 Reasons to Pawn Jewelry

3 Reasons to Pawn Jewelry

There are many reasons why people pawn their necklaces, rings, and bracelets. A pawn shop is a lender that doesn’t check credit but instead uses your collateral to make a loan to you. When you pawn jewelry, you are not selling the jewelry. Instead, you are...
3 Reasons to Pawn Jewelry

How Do I Get the Most Out of Pawning Jewelry?

For 5% of Americans, pawning jewelry when they need cash is a common and often preferred strategy, according to Statista. Pawning jewelry is a great way to get quick cash in an emergency, but if you’re not careful, you could end up getting less than you...
5 Things to Know About Getting a Loan From a Pawn Shop

5 Things to Know About Getting a Loan From a Pawn Shop

When you’re in need of a loan, pawn shops are a potential solution. According to Statista, an estimated 30 million Americans use pawn shops each year, providing collateral in the form of their property to secure loans. If you’re one of these 30 million...