BANGALORE Bad credit? Require cash now? Simply grab that electric electric guitar within the corner and mind for a pawn store. Cash-strapped Д±ndividuals are swapping jewelry, music systems and electronic devices for money like nothing you’ve seen prior.
вЂњThe pawn deal is a simple, no-questions-asked loan that is securedвЂ™s working well for folks, Sterne Agee analyst Henry Coffey stated.
Payday loan providers, whom make little, short-term loans up against the borrowerвЂ™s next paycheck, are spending more within their pawn operations as stricter laws and rising jobless make their main company less appealing.