2 ms·
Pawn shops make all their money on the interest on the loans. The buying and selling of goods is really the side line lower-profit leader to get people in the
by brc 15y ago
Pawn shops make all their money on the interest on the loans. The buying and selling of goods is really the side line lower-profit leader to get people in the door. Most of the items for sale as just items that the owner failed to collect.
There is a world of difference between a straight 2nd hand goods dealer and a pawn shop. Most of that difference is in the profit margin.