I have a friend, named Eric Smith, he owns a large pawnshop in Savannah Ga. He told me years ago, stay away from them. My baby son, Jason, just pawned 3,000 worth of tools for 250.00, man, that made me mad as hell. Eric told me that he trys to get items as cheap as he can, and then hope the person, that pawns them, don't come back. He will then take those items and triple his money. Never pawn anything and make sure you know what you are buying at a pawnshop, you can buy shit a lot cheaper at a good store. These pawnshops are making a killing, please stay away from them. I have purchased a few guns and I knew what they were worth and got them down to the lowest price I could. These people are crooks, worst than loan sharking. Please take my advice and don't use them, you will come up on the short end of the stick, everytime, Cat.
I agree that it's foolish to sell anything or take out a loan at a pawn shop, but you can find some good used fishing rods/reels and tackle to buy. I've found some excellent deep sea rods at pawn shops here in S.W. GA for a mere fraction of what they are actually worth. No doubt they fell out of someones garage...someone with a kid who's got a drug problem.
ReplyDeleteDepends on how long a pawn shop has had it on the shelf and how bad they need the money. I have bought some high end fishing tackle for a song and I have also seen some that wasn't worth a song that they thought was worth a gold record. Some are peputable but I agree that I would rather borrow money from a damn loan shark than hock anything because the ineterst is about the same.
ReplyDeleteI'm ashamed to say it, but I put myself through college by hocking the same pistol over and over again. About the time I'd get it paid off, I'd have to do it again to pay the next semesters tutition.
ReplyDeleteYour information and advice about 'pawn-shops' is so very true, however they have a place - or they did have. At the beginning of the 20th century in London, it was my grandmother's task every Monday morning to take her husbands suit to the 'pawnshop' to get money for food during the week. When he got paid on Friday (he drove an open fronted tramcar), she used to redeem the suit so they could go to church on Sunday. The pawnshop in 1910, was an integral part of my grandparents economic planning.
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