\
  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.
Out-of-control Ocher Weed Whacker Crackhouse
  04/17/26
"hehe!"
Comical mentally impaired menage
  04/17/26
They should be put in charge of all proles. Imagine how capa...
Laughsome field
  04/17/26
these people are the easiest to rip off, which is indeed cou...
Comical mentally impaired menage
  04/17/26
...
electric partner
  04/17/26
Yeah, how can any business make money making loans at 200 pe...
insecure famous landscape painting
  04/17/26
...
irradiated misunderstood fortuitous meteor double fault
  04/17/26
...
Comical mentally impaired menage
  04/17/26
...
soul-stirring institution
  04/17/26
...
mahogany stimulating private investor tanning salon
  04/22/26
any small business will run circles around wagecucks once yo...
stirring pungent french chef business firm
  04/17/26
It’s almost entirely predicated on lending to poor tra...
Charcoal rehab
  04/17/26
i wonder how much of their business is fencing stolen shit.
Comical mentally impaired menage
  04/17/26
I think it's a very small portion. For criminals trying to m...
bearded dashing theatre main people
  04/17/26
When I did criminal law, the local cops had inventory system...
Narrow-minded Deer Antler Church Building
  04/17/26
is that gasoline i smell?
Turquoise shitlib dopamine
  04/17/26
buy high sell low
Diverse piazza blood rage
  04/17/26
lol i RAN here to make this exact post word for word
soul-stirring institution
  04/17/26
...
Diverse piazza blood rage
  04/22/26
if they advance ranks six times they turn into Queen Shops w...
blue mediation
  04/17/26
Underrated
Amber patrolman base
  04/21/26
...
blue mediation
  04/22/26
i wonder if their business has been hurt by facebook marketp...
soul-stirring institution
  04/17/26
hurt by availability of more non-traditional financing, help...
irradiated misunderstood fortuitous meteor double fault
  04/22/26
agreed. what a scourge. i didn't see it coming like this, ...
soul-stirring institution
  04/22/26
It’s like asking how Junkyards make money lol
Clear Contagious International Law Enforcement Agency Locus
  04/22/26


Poast new message in this thread



Reply Favorite

Date: April 17th, 2026 10:39 AM
Author: Out-of-control Ocher Weed Whacker Crackhouse

Dealing with the worst in society.

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



Reply Favorite

Date: April 17th, 2026 10:40 AM
Author: Comical mentally impaired menage

"hehe!"

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



Reply Favorite

Date: April 17th, 2026 10:56 AM
Author: Laughsome field

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=2E#49823227)



Reply Favorite

Date: April 17th, 2026 11:12 AM
Author: Comical mentally impaired menage

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=2E#49823273)



Reply Favorite

Date: April 17th, 2026 11:15 AM
Author: electric partner



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



Reply Favorite

Date: April 17th, 2026 10:57 AM
Author: insecure famous landscape painting

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=2E#49823230)



Reply Favorite

Date: April 17th, 2026 1:06 PM
Author: irradiated misunderstood fortuitous meteor double fault



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



Reply Favorite

Date: April 17th, 2026 3:07 PM
Author: Comical mentally impaired menage



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



Reply Favorite

Date: April 17th, 2026 4:57 PM
Author: soul-stirring institution



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



Reply Favorite

Date: April 22nd, 2026 1:57 AM
Author: mahogany stimulating private investor tanning salon



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



Reply Favorite

Date: April 17th, 2026 10:59 AM
Author: stirring pungent french chef business firm

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=2E#49823236)



Reply Favorite

Date: April 17th, 2026 1:04 PM
Author: Charcoal rehab

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=2E#49823555)



Reply Favorite

Date: April 17th, 2026 3:09 PM
Author: Comical mentally impaired menage

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

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



Reply Favorite

Date: April 17th, 2026 4:14 PM
Author: bearded dashing theatre main people

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=2E#49823783)



Reply Favorite

Date: April 17th, 2026 4:25 PM
Author: Narrow-minded Deer Antler Church Building

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=2E#49823792)



Reply Favorite

Date: April 17th, 2026 2:28 PM
Author: Turquoise shitlib dopamine

is that gasoline i smell?

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



Reply Favorite

Date: April 17th, 2026 3:08 PM
Author: Diverse piazza blood rage

buy high sell low

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



Reply Favorite

Date: April 17th, 2026 4:58 PM
Author: soul-stirring institution

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

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



Reply Favorite

Date: April 22nd, 2026 10:44 AM
Author: Diverse piazza blood rage



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



Reply Favorite

Date: April 17th, 2026 4:19 PM
Author: blue mediation

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=2E#49823787)



Reply Favorite

Date: April 21st, 2026 11:36 PM
Author: Amber patrolman base

Underrated

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



Reply Favorite

Date: April 22nd, 2026 1:46 AM
Author: blue mediation



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



Reply Favorite

Date: April 17th, 2026 5:04 PM
Author: soul-stirring institution

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=2E#49823811)



Reply Favorite

Date: April 22nd, 2026 10:50 AM
Author: irradiated misunderstood fortuitous meteor double fault

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=2E#49834073)



Reply Favorite

Date: April 22nd, 2026 10:54 AM
Author: soul-stirring institution

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=2E#49834085)



Reply Favorite

Date: April 22nd, 2026 10:46 AM
Author: Clear Contagious International Law Enforcement Agency Locus

It’s like asking how Junkyards make money lol

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