\
  The most prestigious law school admissions discussion board in the world.
BackRefresh Options Favorite

How do pawn shops make money? It seems like a colossal pain in the ass

Dealing with the worst in society.
electric vermilion area death wish
  04/17/26
"hehe!"
alcoholic pale address
  04/17/26
They should be put in charge of all proles. Imagine how capa...
bright mad cow disease
  04/17/26
these people are the easiest to rip off, which is indeed cou...
alcoholic pale address
  04/17/26
...
chartreuse heaven elastic band
  04/17/26
Yeah, how can any business make money making loans at 200 pe...
copper provocative fanboi nowag
  04/17/26
...
Autistic bat-shit-crazy potus private investor
  04/17/26
...
alcoholic pale address
  04/17/26
...
swashbuckling mauve crackhouse
  04/17/26
...
Magical church building striped hyena
  04/22/26
any small business will run circles around wagecucks once yo...
curious field selfie
  04/17/26
It’s almost entirely predicated on lending to poor tra...
cowardly indigo station newt
  04/17/26
i wonder how much of their business is fencing stolen shit.
alcoholic pale address
  04/17/26
I think it's a very small portion. For criminals trying to m...
Indecent dilemma
  04/17/26
When I did criminal law, the local cops had inventory system...
useless affirmative action
  04/17/26
is that gasoline i smell?
Multi-colored fuchsia chapel internal respiration
  04/17/26
buy high sell low
exhilarant kitty cat sanctuary
  04/17/26
lol i RAN here to make this exact post word for word
swashbuckling mauve crackhouse
  04/17/26
...
exhilarant kitty cat sanctuary
  04/22/26
if they advance ranks six times they turn into Queen Shops w...
Dashing Toaster Set
  04/17/26
Underrated
Floppy Shimmering Point Quadroon
  04/21/26
...
Dashing Toaster Set
  04/22/26
i wonder if their business has been hurt by facebook marketp...
swashbuckling mauve crackhouse
  04/17/26
hurt by availability of more non-traditional financing, help...
Autistic bat-shit-crazy potus private investor
  04/22/26
agreed. what a scourge. i didn't see it coming like this, ...
swashbuckling mauve crackhouse
  04/22/26
It’s like asking how Junkyards make money lol
Boyish shrine goal in life
  04/22/26


Poast new message in this thread



Reply Favorite

Date: April 17th, 2026 10:39 AM
Author: electric vermilion area death wish

Dealing with the worst in society.

(http://www.autoadmit.com/thread.php?thread_id=5857806&forum_id=2/#49823198)



Reply Favorite

Date: April 17th, 2026 10:40 AM
Author: alcoholic pale address

"hehe!"

(http://www.autoadmit.com/thread.php?thread_id=5857806&forum_id=2/#49823201)



Reply Favorite

Date: April 17th, 2026 10:56 AM
Author: bright mad cow disease

They should be put in charge of all proles. Imagine how capable you have to be to make $$$ from the absolute dregs of society who are trying their hardest to rip you off and scam you every minute of the day.

(http://www.autoadmit.com/thread.php?thread_id=5857806&forum_id=2/#49823227)



Reply Favorite

Date: April 17th, 2026 11:12 AM
Author: alcoholic pale address

these people are the easiest to rip off, which is indeed counterintuitive since they also tend to be the biggest scammers. poor areas always have liquor stores selling overpriced pints and lottery ticket, payday loans, buy here pay here auto dealerships, furniture rental store, etc.

(http://www.autoadmit.com/thread.php?thread_id=5857806&forum_id=2/#49823273)



Reply Favorite

Date: April 17th, 2026 11:15 AM
Author: chartreuse heaven elastic band



(http://www.autoadmit.com/thread.php?thread_id=5857806&forum_id=2/#49823283)



Reply Favorite

Date: April 17th, 2026 10:57 AM
Author: copper provocative fanboi nowag

Yeah, how can any business make money making loans at 200 percent APR while being 150 percent secured?

(http://www.autoadmit.com/thread.php?thread_id=5857806&forum_id=2/#49823230)



Reply Favorite

Date: April 17th, 2026 1:06 PM
Author: Autistic bat-shit-crazy potus private investor



(http://www.autoadmit.com/thread.php?thread_id=5857806&forum_id=2/#49823557)



Reply Favorite

Date: April 17th, 2026 3:07 PM
Author: alcoholic pale address



(http://www.autoadmit.com/thread.php?thread_id=5857806&forum_id=2/#49823748)



Reply Favorite

Date: April 17th, 2026 4:57 PM
Author: swashbuckling mauve crackhouse



(http://www.autoadmit.com/thread.php?thread_id=5857806&forum_id=2/#49823808)



Reply Favorite

Date: April 22nd, 2026 1:57 AM
Author: Magical church building striped hyena



(http://www.autoadmit.com/thread.php?thread_id=5857806&forum_id=2/#49833659)



Reply Favorite

Date: April 17th, 2026 10:59 AM
Author: curious field selfie

any small business will run circles around wagecucks once you factor in all the tax scam bs

(http://www.autoadmit.com/thread.php?thread_id=5857806&forum_id=2/#49823236)



Reply Favorite

Date: April 17th, 2026 1:04 PM
Author: cowardly indigo station newt

It’s almost entirely predicated on lending to poor tradies who run into financial trouble and then reselling their hocked tools to other poor tradies at only about 10% less than the tools would cost new at Home Depot.

And I understand that a substantial angle on the whole thing is that they’re serving a financial intermediation purpose for illegal laborers who can’t easily tap other sources of credit.

(http://www.autoadmit.com/thread.php?thread_id=5857806&forum_id=2/#49823555)



Reply Favorite

Date: April 17th, 2026 3:09 PM
Author: alcoholic pale address

i wonder how much of their business is fencing stolen shit.

(http://www.autoadmit.com/thread.php?thread_id=5857806&forum_id=2/#49823750)



Reply Favorite

Date: April 17th, 2026 4:14 PM
Author: Indecent dilemma

I think it's a very small portion. For criminals trying to move stolen goods, it's probably easier, more lucrative, and less risky to do it on your own, without the middle man--selling on the street, at flea markets, Facebook marketplace, Craigslist, guys just walking around hocking it. More sophisticated organizations (i.e., organized crime) have their own distributors or storefronts/distributors and storefronts with whom they have an understanding and arrangement.

Police regularly roll through pawn shops. Back in the day, the police came through literally every day. You had to log with the cops in writing everything you bought and sold that day. Unless the pawn shop owner or the organization with which the pawn shop owner was working (see above re organized crime) had the cops in their pocket, it likely was not and is not worth it to deal in a significant portion of stolen goods.

To the extent there is or was stolen property coming through--beyond the ocassional item here and there that the pawn shop owner reasonably doesn't know is stolen--I suspect it's kept and sold off the books: e.g., I see you're looking at our diamond rings. My brother has a couple that aren't displayed out here. He can get you a great price if you want to take a look out back."

(http://www.autoadmit.com/thread.php?thread_id=5857806&forum_id=2/#49823783)



Reply Favorite

Date: April 17th, 2026 4:25 PM
Author: useless affirmative action

When I did criminal law, the local cops had inventory systems with the pawn shops & metal scrap yards. It was the first place they always went whenever something was stolen.

(http://www.autoadmit.com/thread.php?thread_id=5857806&forum_id=2/#49823792)



Reply Favorite

Date: April 17th, 2026 2:28 PM
Author: Multi-colored fuchsia chapel internal respiration

is that gasoline i smell?

(http://www.autoadmit.com/thread.php?thread_id=5857806&forum_id=2/#49823718)



Reply Favorite

Date: April 17th, 2026 3:08 PM
Author: exhilarant kitty cat sanctuary

buy high sell low

(http://www.autoadmit.com/thread.php?thread_id=5857806&forum_id=2/#49823749)



Reply Favorite

Date: April 17th, 2026 4:58 PM
Author: swashbuckling mauve crackhouse

lol i RAN here to make this exact post word for word

(http://www.autoadmit.com/thread.php?thread_id=5857806&forum_id=2/#49823810)



Reply Favorite

Date: April 22nd, 2026 10:44 AM
Author: exhilarant kitty cat sanctuary



(http://www.autoadmit.com/thread.php?thread_id=5857806&forum_id=2/#49834053)



Reply Favorite

Date: April 17th, 2026 4:19 PM
Author: Dashing Toaster Set

if they advance ranks six times they turn into Queen Shops which are much more lucrative

(http://www.autoadmit.com/thread.php?thread_id=5857806&forum_id=2/#49823787)



Reply Favorite

Date: April 21st, 2026 11:36 PM
Author: Floppy Shimmering Point Quadroon

Underrated

(http://www.autoadmit.com/thread.php?thread_id=5857806&forum_id=2/#49833514)



Reply Favorite

Date: April 22nd, 2026 1:46 AM
Author: Dashing Toaster Set



(http://www.autoadmit.com/thread.php?thread_id=5857806&forum_id=2/#49833647)



Reply Favorite

Date: April 17th, 2026 5:04 PM
Author: swashbuckling mauve crackhouse

i wonder if their business has been hurt by facebook marketplace, as well as more available consumer credit - it would sure seem like it.

(http://www.autoadmit.com/thread.php?thread_id=5857806&forum_id=2/#49823811)



Reply Favorite

Date: April 22nd, 2026 10:50 AM
Author: Autistic bat-shit-crazy potus private investor

hurt by availability of more non-traditional financing, helped by emergence of easy-to-access legalized gambling.

(http://www.autoadmit.com/thread.php?thread_id=5857806&forum_id=2/#49834073)



Reply Favorite

Date: April 22nd, 2026 10:54 AM
Author: swashbuckling mauve crackhouse

agreed. what a scourge. i didn't see it coming like this, infused in everything

(http://www.autoadmit.com/thread.php?thread_id=5857806&forum_id=2/#49834085)



Reply Favorite

Date: April 22nd, 2026 10:46 AM
Author: Boyish shrine goal in life

It’s like asking how Junkyards make money lol

(http://www.autoadmit.com/thread.php?thread_id=5857806&forum_id=2/#49834059)