2007-01-29 13:24:25 · 16 answers · asked by ara2680 2 in Entertainment & Music ➔ Polls & Surveys
If you don't pick your stuff up in 30 days, you can go in and just pay their "fee" and they hold it for another 30 days.
Also jewelry, no matter the stone, they only pay for the gold.
Then they sell your jewelry for alot more than what they gave you.
2007-01-29 13:31:37 · answer #1 · answered by Anonymous · 1⤊ 0⤋
if they actually buy an item off you.. they turn around and sell it for about twice what they paid for it... and alot of people get loans for holding their items.. they charge crazy interest on those loans and dont give you anywhere near what your item is worth... I had a $400/or of speakers they offered me $60 for and the guy flat out told me they could only sell them $100-$150 and they couldnt give me anymore than $75 at the most
2007-01-29 21:40:13 · answer #2 · answered by ChrissyLicious 6 · 0⤊ 0⤋
Pawnbrokers give out loans for physical items, and if the loan is not paid back they keep the item (or if it is paid back, they charge a fee). They may also just buy items directly from people who are financially insoluble, and they profit from reselling those items.
2007-01-29 21:28:33 · answer #3 · answered by William K 1 · 0⤊ 0⤋
For example, they buy a gold necklace from you for $20 and sell it for $40....shazaam there you go, they underbuy and just charge a lot more...most of the time, but they are still cheaper than new jewelry and etc.
2007-02-03 14:52:17 · answer #4 · answered by beach_chica02 2 · 0⤊ 0⤋
They will give you $20 for a ring that you paid $200 for and if you do get your ring back they charge you a fee if you don't they sale it for $150 and they have made a nice chunk of change
2007-01-29 21:30:26 · answer #5 · answered by little lady 4 · 1⤊ 0⤋
* they buy for little and sell for a lot. They ahcrge a fee to **** things so weven if you get it out, they are making money. They will 10 dollars for something and sell ift for fifty.*
2007-01-29 21:38:05 · answer #6 · answered by Anonymous · 0⤊ 0⤋
Many people don't return for the items they pawn. The pawn shop owner then sells the item for more than he "loaned" on it.
2007-01-29 21:26:58 · answer #7 · answered by fdm215 7 · 1⤊ 0⤋
They steal anything you have to pawn and hope you never pick it up !! Pawn shops and tow truck drivers are the the bane of society !!
2007-01-29 21:29:54 · answer #8 · answered by Anonymous · 0⤊ 0⤋
They buy the item from you for cheap, and sell it at a more expensive price.
2007-01-29 21:27:59 · answer #9 · answered by aSchway 3 · 1⤊ 0⤋
Because first off they loan you so little for the item, then if you don't pick it up, they sell it for so much more.
2007-01-29 21:35:35 · answer #10 · answered by Marenight 7 · 1⤊ 0⤋