Now that you’re familiar with five important must do’s when doing business with a pawn broker (if you missed it, check them out here), it’s time to share a few don’ts, as well. So here are a few things to avoid next time you’re considering buying, selling, or securing a loan at your local pawn shop.
At Common Exchange, we love fielding our clients’ questions regarding the inner-workings of the pawn industry. One of them, which we hear quite often, has do to with the difference in pawn offers from shop to shop. Since the answer is a bit involved, we thought it deserved a data-driven blog post of its very own. Here goes:
Getting a collateral, or pawn, loan couldn’t be simpler…all you need is a valid form of identification and an item of value. But we’d like to make it even easier with a list of major Do’s to consider before heading down to the pawn shop.
When most people are thinking of items that can be pawned, their minds often gravitate towards things like precious metals, electronics, and fine jewelry. However, they may be overlooking something that they use just about everyday. No, we’re not taking about the TV remote control; we’re referring to their automobiles.