Dexter St. Clair wrote:How come you did not contribute this sort of remark when we discussed mortgages, loans, the purchase of broadband services or any other financial exchange that does not involve cash. What's so bad about the pawn in comparison with provy cheques, farepak and loan sharks?
Indeed. There may well be money in misery for pawnbrokers, but at least you know how much it will be in advance without having to rake through the small print on page 13. None of yer 'Typical APR 8.7%' (read : 'If you're Baron Rothschild - the rest of you will be paying 35.6%)
There has been mention recently of a trend amongst moneyed types of using the pawnbroker as a cost-effective way of securely depositing valuables whilst they are out the country.