Aren’t Pawn shops a last resort for people?
b. For some people, it is a last resort as they cannot get fast cash through a conventional loan. In addition, there are two other basic types of pawn visitors. 1) The pawn hound- every pawn shop everywhere they go, always looking for a deal, and 2) people that have preconceived ideas as to what a pawn shop experience “might be.” At King Pawn, we strive on being convenient and creating a high level of trust with our pawn “friends.” A lot of customers find that pawn loans are much more convenient and less intrusive than borrowing money from friends, family or other short term lenders. Pawn loans are confidential with no credit check and a quick way to borrow money. If the borrower chooses to not repay the loan, there are no legal consequences other than the forfeiture of the pawned item. A customer receives a percentage of the value that King Pawn believes the collateral would bring in a sale with the loan to collateral ratio varying on the type, style, condition and marketability of th
