Forum Post: Next stop: Pawn shops
Posted 13 years ago on Oct. 11, 2011, 11:15 a.m. EST by Rob
(881)
This content is user submitted and not an official statement
Those crooks have the highest interest rates in the world. They are like legal loan sharks.
If they didn't provide a service people demanded they would go out of business. If you dislike them I would suggest you educate the consumers of their services as to ways they can better manage their finances so they do not have to undertake such interest rates.
Sure they provide a service, but people usually show up at pawn shop when they are desperate. Usually these pawn shops are in poor communities. Just because it's legal don't mean it's right.
I agree but would you rather a person not be able to pawn an item in order to get food than be able to pawn an item in order to get food?
I think the best way would to be directly aid the person so they won't need to pawn items in the future. Without demand the place closes. The community is improved.
Education - always.
100% agree with you.
you mean like those students who took out massive amounts of debt and are now bitching about having to pay it back? One would think that at the college level they would know how to read and comprehend, but I guess they did not read the loan papers, just signed on the dotted line.
Our public education system does not generally prepare individuals for real world thinking either about finance or their own career paths.
I never took debt when I was a student - my friends that did had to learn through their own misfortune. At least the lesson was learned.
Yeah! And then those damn pay-day and car title lenders!
And then the rip-off high-fee debit cards that make $100 million per year by targeting minorities, undocumented workers, and other disadvantaged persons who don't have access to credit while their CEOs jet around to sip champagne at corporate-sponsored polo matches in the Hamptons like that bastard Russell Simmons. Oh wait.... That's right... He's with us??? I'm so confused...
I feel another movement coming on..no..wait...just gas.