About Pawn Shops
You see them in various parts of town and you have been wondering just exactly what is a pawnshop, how do they work and why are they becoming more common place?
Pawnshops date back to ancient times and are one of the earliest recorded lending institutions. During the late Middle Ages the House of Lombard in Europe had a group of pawnshops. The sign of the House of Lombard was the three golden balls and this sign was associated for years with the pawn industry.
More than 75 million people do not have a bank account or credit cards.
In today's diverse society, many people depend on pawnshops to help them meet their daily financial needs not met by other financial institutions. Our customers represent the working families of America who have an unexpected need for a short term loan. Pawn loans keep the electricity on, rents paid and cars working.