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First Cash Financial Services Inc. Message Board

  • mentges mentges May 15, 2000 4:34 PM Flag

    Pawn shops - future?

    As I posted a month ago, I also think that the
    traditional pawn shop will slowly fade into the sunset - why
    do people need secured loans when they can get a
    payday loan - or I presume Social Security/Disability/VA
    check loan. Firstcash has jumped into the payday loan
    faster than most, and the kiosks in CircleK and other
    stores are a hell of a lot cheaper than paying rent on a
    2000 SQ foot Pawn shop. I look for underperforming
    store closings - but 10 years from now, there will
    still be a small market for traditional pawn shops.

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