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

Dealing with the worst in society.
Cheese-eating tattoo hospital
  04/17/26
"hehe!"
big cyan step-uncle's house
  04/17/26
They should be put in charge of all proles. Imagine how capa...
contagious idea he suggested kitty cat
  04/17/26
these people are the easiest to rip off, which is indeed cou...
big cyan step-uncle's house
  04/17/26
...
trip station national security agency
  04/17/26
Yeah, how can any business make money making loans at 200 pe...
pungent university turdskin
  04/17/26
...
Narrow-minded church building
  04/17/26
...
big cyan step-uncle's house
  04/17/26
...
jet-lagged naked orchestra pit
  04/17/26
...
up-to-no-good hell
  04/22/26
any small business will run circles around wagecucks once yo...
Dead racy school cafeteria roast beef
  04/17/26
It’s almost entirely predicated on lending to poor tra...
Spectacular national clown
  04/17/26
i wonder how much of their business is fencing stolen shit.
big cyan step-uncle's house
  04/17/26
I think it's a very small portion. For criminals trying to m...
exhilarant fuchsia nowag
  04/17/26
When I did criminal law, the local cops had inventory system...
Impressive Feces
  04/17/26
is that gasoline i smell?
Navy Razzle-dazzle Mexican
  04/17/26
buy high sell low
heady home
  04/17/26
lol i RAN here to make this exact post word for word
jet-lagged naked orchestra pit
  04/17/26
...
heady home
  04/22/26
if they advance ranks six times they turn into Queen Shops w...
crystalline territorial church
  04/17/26
Underrated
Multi-colored Arrogant Dilemma Messiness
  04/21/26
...
crystalline territorial church
  04/22/26
i wonder if their business has been hurt by facebook marketp...
jet-lagged naked orchestra pit
  04/17/26
hurt by availability of more non-traditional financing, help...
Narrow-minded church building
  04/22/26
agreed. what a scourge. i didn't see it coming like this, ...
jet-lagged naked orchestra pit
  04/22/26
It’s like asking how Junkyards make money lol
Turquoise hunting ground
  04/22/26


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Reply Favorite

Date: April 17th, 2026 10:39 AM
Author: Cheese-eating tattoo hospital

Dealing with the worst in society.

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



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Date: April 17th, 2026 10:40 AM
Author: big cyan step-uncle's house

"hehe!"

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



Reply Favorite

Date: April 17th, 2026 10:56 AM
Author: contagious idea he suggested kitty cat

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)



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Date: April 17th, 2026 11:12 AM
Author: big cyan step-uncle's house

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)



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Date: April 17th, 2026 11:15 AM
Author: trip station national security agency



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



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Date: April 17th, 2026 10:57 AM
Author: pungent university turdskin

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)



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Date: April 17th, 2026 1:06 PM
Author: Narrow-minded church building



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



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Date: April 17th, 2026 3:07 PM
Author: big cyan step-uncle's house



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



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Date: April 17th, 2026 4:57 PM
Author: jet-lagged naked orchestra pit



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



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Date: April 22nd, 2026 1:57 AM
Author: up-to-no-good hell



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



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Date: April 17th, 2026 10:59 AM
Author: Dead racy school cafeteria roast beef

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)



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Date: April 17th, 2026 1:04 PM
Author: Spectacular national clown

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)



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Date: April 17th, 2026 3:09 PM
Author: big cyan step-uncle's house

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

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



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Date: April 17th, 2026 4:14 PM
Author: exhilarant fuchsia nowag

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)



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Date: April 17th, 2026 4:25 PM
Author: Impressive Feces

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)



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Date: April 17th, 2026 2:28 PM
Author: Navy Razzle-dazzle Mexican

is that gasoline i smell?

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



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Date: April 17th, 2026 3:08 PM
Author: heady home

buy high sell low

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



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Date: April 17th, 2026 4:58 PM
Author: jet-lagged naked orchestra pit

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)



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Date: April 22nd, 2026 10:44 AM
Author: heady home



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



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Date: April 17th, 2026 4:19 PM
Author: crystalline territorial church

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)



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Date: April 21st, 2026 11:36 PM
Author: Multi-colored Arrogant Dilemma Messiness

Underrated

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



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Date: April 22nd, 2026 1:46 AM
Author: crystalline territorial church



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



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Date: April 17th, 2026 5:04 PM
Author: jet-lagged naked orchestra pit

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)



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Date: April 22nd, 2026 10:50 AM
Author: Narrow-minded church building

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)



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Date: April 22nd, 2026 10:54 AM
Author: jet-lagged naked orchestra pit

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)



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Date: April 22nd, 2026 10:46 AM
Author: Turquoise hunting ground

It’s like asking how Junkyards make money lol

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