americash loans online payday loans

The variance that is massive pawn store provides

The variance that is massive pawn store provides

  1. A 1-carat diamond (resale value: $2.5k)
  2. A 2005 Kawasaki 205R bike ($2k)
  3. A Louis Vuitton bag ($535)
  4. A 500GB PlayStation 4 ($175)

They took these things to 4 pawn stores in Houston and asked to trade them set for that loan. Here’s just exactly what the provides appeared as if:

The offer was $200 at one shop, they were offered a $1.4k loan for the diamond; at another shop just down the road. That’s a 600% variance.

The bike (75% variance), bag (33%), and PS4 (46%) got offers in closer proximity — but also a positive change of $25 to $100 in loan quantity could suggest globe of huge difference for somebody residing from paycheck to paycheck.

We had been fascinated by this, therefore we made a decision to dig a little much deeper.

View values vary wildly — specially those regarding the higher-end.