How do pawnshops make money?

Let’s learn how do pawnshops make money. The most accurate or helpful solution is served by Yahoo! Answers.

There are ten answers to this question.

Best solution

How do pawnshops make money?

Answer:

people who r in need of money will pawn their jewelleries at a very low price to the pawnshops n the...

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Other solutions

How do pawnshops make money?

Answer:

Pawnshops and pawnbroking have been around for thousands of years. The basic idea behind any pawnshop...

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How do pawnshops make money?

Answer:

Pawn shops don't actually buy things. They loan you money short term with the item as collateral. In...

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How do pawnshops make money?

Answer:

They charge a 4% interest, higher than bank lending rates. When the poor client is unable to redeem...

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How do pawnshops make money?

Answer:

They give you hardly any money for what you're trading in and mark up the item 200-300% from what they...

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How do pawnshops make money?

Answer:

They buy things, and then sell them for more than they paid. just like anyone else makes money. they...

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How do pawnshops make money?

Answer:

There are two ways that pawnshops make money,. 1) they loan money based on real collateral ( property...

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How do pawnshops make money?

Answer:

when the owner doesnt return for the thing he/she left they just sell it

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How do pawnshops make money?

Answer:

they buy your stuff from you cheap, and sell it for more then they paid for it.

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How do pawnshops make money?

Answer:

Why ask again? Once will do.

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