Pawn 101: HIgh value pawns
At Bloomberg News, there’s a interview at Borro, a London pawn shop that brags it services the well-to-do. The owner says, “Where else can you get 50,000 pounds” on the same day?
Well, actually, you could do that at Kamaaina Loan, except we deal in dollars not pounds.
A $50,000 pawn is not that unusual. On Maui with its population of 150,000, we don’t do as many $50,000 loans as Borro might in London, with its population of over 10 million.
But a $50,000 loan is very doable, if you have the collateral. A couple of Rolexes might d — we have customers who have more than a couple of Rolexes.
We have lately opened a private transaction room to handle these big loans, and also to make it more convenient to do estate appraisals, which take some time.
But a $50,000 pawn loan? That doesn’t have to take much longer than a $50 pawn loan.
Call 242-5555 to make an appointment for your $50,000.