The Consumer Protection Agency and Google have waged war on payday loan companies. It is expected that new rules and regulations could drive many of these lenders out of business and their customers will again return to their local pawn shop for a more affordable loan.
Each year on December 6, people all across the United States acknowledge National Pawnbrokers Day. This holiday was created as a day to pay tribute to a profession that provides a valuable service to their clientele of those in need of cash funds and also those looking for a reasonably good deal. The word pawn […]
Paducah Pawn Shops.com is a speciality pawnshop that makes cash pawn loans on jewelry, classic cars and trucks, motorcycles, recreational vehicles and boats motors and trailers. We have been in business since 2001 and operate under the laws of the state of Kentucky. The types of loans available include bail bond pawn loans, short term […]
Pawnbroking is not a new practice nor does it appeal to just one social class. As humankind’s oldest financial institution, pawn loans can be traced back at least 3,000 years to ancient China as well as early Greek and Roman civilizations. During the 14th Century, King Edward III of England is said to have frequented […]
Unlike a bank, finance company, or credit union a pawn shop does not require a credit check. The collateral in which you pledge to the broker for the term of the loan makes a credit check unneeded. The pawn shop assesses the value of your item and holds the item for 30, 60 or 90 […]
Pawn Shops can be tracked all the way back to China in the 5Th Century, when Buddist monks make loans to customers and required collateral for the term of the loan. It was said in old England King Charles made the statement that pawnbrokers were not to be trusted and therefore this allowed the King […]