Americans rich and poor pawn more to pay bills »

Posted By STONERS 1 year ago in News

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Whether it's a Tiffany diamond or a three-year-old lawnmower, more and more Americans from all social classes are pawning their possessions to make ends meet.

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    STONERS1 year ago

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    "Pawn shop owners see strong business across the country, even in unexpected locales like Beverly Hills, the mecca of luxury living and shopping."

    "Banks aren't lending so people are coming here for short-term loans against collateral like diamonds, watches and other jewelry," said Jordan Tabach-Bank, CEO of Beverly Loan Co, self-described "pawnbroker to the stars."

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      hamy1 year ago

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      And during this, Bush is doing a victory lap around the world talking about his administration's "success." How truly sad that he is so out of touch with the people who elected him twice. He really couldn't care less.

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        Spadecaller1 year ago

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        This is the first time in my life that I see people standing on street corners in what was recently considered an affluent middle class community and waving signs that read, "WE BUY GOLD." Hordes of people are selling their gold jewelry to help them pay their bills. Merry Christmas...

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