Soapbox – Pawnbrokers

While this young lady may have some of her facts straight, her reality is a bit skewed. She has obviously never been in a position where she has been exempt from mainstream forms of credit, had to pay for a bounced check fee, a utility reconnect, or even experienced difficulty purchasing a tank of fuel to get to work for the rest of the week. Pawnshop loans have their place in society, especially with current credit markets. Why condemn them when no reasonable alternative is offered or available? This type of soap box thinking proves most harmful to the consumers they are actually trying to protect. Pawnbroking is still the most civilized form of short-term credit.

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Copyright © 2009 - Stephen Krupnik - All Rights Reserved
Pawnonomics by Stephen Krupnik tells the infamous history of the pawn broking industry and shines a bright light into
its darkest corners, while also pointing out some pinnacles along the way.