How pawn shops make money

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How do pawn shops actually make money?

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#SmartNonsense #DylanJardon #HenryBelcaster
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I did not know they were giving you a loan. I thought they were just buying and reselling.

Derpuwolf
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Might be worth 200 bucks

Rick: il give you 50.

mitsu.B
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Bro Has A Blue Eyes White Dragon In His Wallet.

IAmPixelRice
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For the people who aren't understanding:

It's classified as a loan because they give you money to hold on to your item until a certain amount of time before it actually becomes theirs. You will only pay the loan+interest back if you want the item that you sold back.

You can pay the interest if you want(don't see a reason why if you don't have any interest to keep the item) but if you default on the interest payment then you lose your collateral(the item you sold) to the pawnshop.

HldUp
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That's why scrappers are better than pawn shops

a_stress
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Shows up with a solid gold bar

“Best I can do is a turkey sandwich and 3 quarters”

jthablaidd
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I was doing my work and scrolling my short and all of a sudden I hear "y'all ever seen that show p*rn stars?" 💀

Voiding-ofdark
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You can also sell the item you’re willing to give away for a quick buck without paying interest for pawning it

anthonyminimum
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Thank you for explaining how they work. I was kind of confused

Hunt
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"Whats your sister business?"
"Shes a pawnstar!"

I-AM-BLUEE
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When it first aired, idk why people at the time didn’t consider Pawn Stars worthy of airing in the History Channel (mind you this was before History Channel started pumping all of those weird shows and programs). A lot of those items have history and background behind them, many of them being antiques and rare collectibles.

barricadedpurifier
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I always like taking things to pawn shops because you're more likely to get money for your item versus taking it to a thrift store where I've literally never gotten money before.

bland
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I remember I used to sit beside my father nervously sweating whenever they use to say the show name

bluebeastgamer
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This channel and henry belcaster's channel is very similar. If they swap channels for a day, i would not even notice. 😂

narutofmx
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I swear to god that there are like 5 channels exactly like this

charles
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i love pawn stars that's basicly one of my favorite series

xixux
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I did know they used to give loans for items. But was not really clear about the process. It made it clear for me.

immortalcatsage
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I worked at a pawn shop for almost a year. And I can say that sure you something’s get screwed over on your product. But also sometimes it’s because we don’t want it. We don’t think we could re-sell it

jaymanjayman
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Bruh the french dub for pawn stars was the best i was feeling hella cool when i was watching this

Sandvich_Eater
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I had this playing out loud and it was just barely loud enough to hear the “pawn star” part but it wasnt loud enough to distinguish pawn from p*rn.

TeakBumblebee