Hacker Newsnew | past | comments | ask | show | jobs | submitlogin

Pawn shops make all their money on the interest on the loans. The buying and selling of goods is really the side line lower-profit leader to get people in the door. Most of the items for sale as just items that the owner failed to collect.

There is a world of difference between a straight 2nd hand goods dealer and a pawn shop. Most of that difference is in the profit margin.



Guidelines | FAQ | Lists | API | Security | Legal | Apply to YC | Contact

Search: