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Pawn Shops Transcend Stereotypes

By   /  May 26, 2013  /  Pawn Shops  /  No Comments

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Pawn shops neither follow the typical seedy stereotype, nor do they exactly look like what you see on reality tv.  Pawn shop manager, Danielle Batha says, “People come in and they say: ‘This is a pawn shop?’ They’re surprised because it’s not what they expect. It’s not dingy. The merchandise is good quality. It’s clean. [...]

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Pawnbroker Raises Money for Kidnapped Women

By   /  May 12, 2013  /  Pawn News  /  No Comments

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Pawnbroker Gail Linda Kopp was once a victim of a home invasion in which she was tied up and shocked with a stun gun as men ransacked her home.  As she watched the story of Amanda Berry, Gina DeJesus and Michelle Knight on the news she felt compelled to do something to help them.  The [...]

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Small Short-term Loans Most Popular at a Pawn Shop

By   /  May 8, 2013  /  Pawn Shops  /  No Comments

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For those who’ve never been inside a pawn shop the experience can be a bit of a mystery.  In a way, television shows such as ‘Pawn Stars’ and ‘Hardcore Pawn’ have introduced mainstream America to life inside a pawn shop, however, the big sales that occur on these shows aren’t the norm for your average [...]

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Pawnbroker sees an Increase in Upscale Clients

By   /  May 5, 2013  /  Pawn Shops, Uncategorized  /  No Comments

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Robbie Whitten went on a road trip at the age of 18 with his father in 1979 setting up booths and buying unwanted gold and silver jewelry to sell to a smelter.  A year later the market collapsed and the Whittens had a warehouse full of jewelry so they decided to go into the pawn [...]

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Pawn Shops Stay Afloat Despite Falling Gold Prices

By   /  May 5, 2013  /  Pawn News  /  No Comments

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Pawn shop manager Michael Smith has definitely seen a slowdown since the price of gold has dropped.  Last year in his store, gold and other precious metals accounted for about 80% of business, but now they account for less than half of purchases.  Smith says many of his regulars are “shell shocked” by the drop.  [...]

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Pawn Shops Help Ordinary People through Difficult Times

By   /  May 1, 2013  /  Pawn Shops  /  No Comments

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A well groomed woman in expensive looking clothes and jewelry may look out of place in a pawn shop, however, looks can be deceiving.  For those struggling and coming to a pawn shop for the first time, a good staff member can make all the difference.  Pawn store manager Tina Stanley points out that in [...]

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Pawn Shop Negotiation

By   /  April 20, 2013  /  Pawn Shops  /  No Comments

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Many people turn to pawn shops when they need quick cash and knowing how to negotiate will help consumers get the best values.  “The person that’s the better negotiator is the one who’s going to get the better deal,” said pawn shop owner Jeff Bernard.  According to Bernard the object the person is buying or [...]

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First Cash stock Rises on Pawn Shop Profits

By   /  April 17, 2013  /  Pawn News  /  No Comments

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First Cash Financial Services Inc. reports a 16 percent rise in net income for the fiscal first quarter from growing profits from its pawn shops.  The company runs pawn shops and payday loan centers throughout the U.S. and Mexico, and expects more than 90 percent of its revenue this year will come from its’ pawn [...]

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Pawn Shop Owners Claim Proposed Law Will Hurt Small Businesses

By   /  April 11, 2013  /  Pawn Shops  /  No Comments

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Monroe County business owners are protesting a proposed new law that is meant to regulate pawnbrokers, second hand dealers and jewelry and coin exchange dealers.  One business owner said, “your proposed law presumes an antique dealer’s guilt by identifying all second hand dealers as quick purchasers of stolen goods.”  Another complained, “it is based on [...]

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Something for Everyone on “Pawn Stars”

By   /  April 11, 2013  /  Pawn TV  /  No Comments

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History Channel’s “Pawn Stars” has been a success since it debuted in 2009.  One of the shows stars, Rick Harrison doesn’t seem to have an answer for why the show is so popular.  “I have no idea,” he says. “Obviously, America loves fat guys in a pawn shop.”   He does, however, know what his favorite [...]

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