Pawnshops are the best place to buy jewelry I can think of so many reasons but today I will tell you the the 1st one the PRICE you can try to get better deals by buying jewelry Marts which often have wholesale prices. But they still have a way larger overhead than PawnShops .
Why because PawnShops make more money on the interest they charge customers when they pawn the jewelry about 70% of the revenue I would say comes from interest the customers pay. And I do mean this the revenue for pawn shops is the interest which customers pay to pawn there items. And about 80% of people pick up there jewelry. A very small number leaves there items there.
I know its hard to believe that the people that pawn there items pick them up but its true. And no the items they pawn shop are not all stolen as the media and the bad rap that pawn shops have gotten over the years. That has made people believe that Pawn shops are the root of all that is wrong with the world. But well most of our customers are hard working families and others that are part of a system of disabled and others that our living off the government. And have ruined all there other sources of borrowing money either have really bad credit or have never had credit.
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