Pawndemonium

You are sitting in a chair with your feet propped up reading the paper and in walks two males wearing hooded sweatshirts with their hands not showing and both pull out large semi-automatics and say “We need money!” You react by #1 Fainting; #2 Begging for your life; or #3 Asking is this a pawn or a purchase and  if they have a $ amount in mind.  #3 is the way a pawnbroker reacts without flinching or thinking otherwise.

You have a used 20″ TV-less than three years old works perfectly with remote that you would like to sell or pawn.  It has some sticky substance on the top, the screen is coated in nicotine and there are no batteries in the remote. You are likely to receive (A)$100 (B)$30(C)$15(D)$0 The answer is (C)$15 but could have $30 or more if you had taken 5 minutes to clean it up and put batteries in the remote.

As you may have guessed I am a pawnbroker and I am using this blog to help you get the best offer for your items whether you are pawning or selling. Times are tough and we all need a little financial help from time to time. I will share some of my experiences and answer your questions to the best of my knowledge.

Quite a few people think of a pawnshop as a combo warehouse of stolen goods and loansharking operation. In some cases that may be true but usually it is a place where you can borrow $40 in less than two minutes for a $10 fee using some item that you will not miss for 39 days as collateral.  People are becoming desparate and frustrated but with a little common sense and a little help maybe things will get better.

People in need happen upon extra money from time to time, but if you mention saving some for a rainy day they usually look at you like you are crazy and proceed to waste their extra money doing what my wife says is for them “Creating Memories” for they feel hopeless.

I look forward to your questions and ideas and I will share tips and thoughts. Pawndemonium