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Saved by Linda McD
on September 27, 2009 at 8:29:51 pm
Pawn Shop
Pawnbrokers are popular because the customer can get money for goods, and buy the goods back within a specified time if he has earned the money to repay. If not, the goods are forfeited.
There is a furtiveness to the pawn shop, pehaps because the pawnbroker takes the chamce that the customer is not trying to fence stolen goods.
Since the broker has possession of the goods, the loan does not affect the customer's credit rating.
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