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10 Facts about Pawn Shops

82 percent of pawn shop visitors have a high school diploma. The average customer has an income of $29,000 and is 36. Consumers’ average pawn loan increased from $80 in 2008 to $150 in 2011. 85 percent of those who take out the loans still pay them back. 20 percent of pawnshop customers are unemployed. 33 percent of customers own their own home—77 percent rent....

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19 Oct 2018
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If you have a problem Jamaica Pawn may be your answer

Life isn’t always easy. Things happen in everyone’s life and despite working hard, taking care of our families and trying to make ends meet…sometimes life just happens and all we can do is react. If your credit is tight and your bank account is almost empty or gone, Jamaica Pawn will allow you to use something you own as collateral for a loan to get...

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19 Oct 2018
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So you have a money pinch

At Jamaica Pawn we understand that anyone can run into a money pinch at some time or other. The key is to make sure that a sudden personal or family problem, like an illness, a car breakdown, a broken appliance, a speeding ticket or some other unanticipated event doesn’t spin out of control. The last thing you want is for your problem to start a...

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19 Oct 2018
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The world’s oldest and most efficient way to borrow money

Did you know that pawnbroking is civilizations oldest financial institution and that pawn loans can be traced as far back as 3,000 years to ancient China, early Greece, and Rome? And today, many laws concerning pawning in western nations are derived from the Roman imperial law while China’s imperial courts oversaw the business. One can easily see that pawning proved valuable to these ancient cultures...

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19 Oct 2018