Talk:Pawnbroker/Archives/2013

Contradictions
There are contradictions in the section about the symbol.ZFT (talk) 04:34, 2 July 2013 (UTC) Nevermind.ZFT (talk) 04:53, 2 July 2013 (UTC)

Symbols
"The symbol of a pawn shop in Hong Kong is a bat holding a coin": is "bat" the animal or is it a wooden baton? Anthony Appleyard 22:26, 15 May 2006 (UTC)
 * One of the photographs appears to show a highly stylized flying mammal clutching a coin. J S Ayer 02:34, 25 July 2006 (UTC)

Symbols? WTF???
I've never seen a more garbled section in an article. SHouldn't be too hard to fix though. Justinmeister 15:54, 15 August 2006 (UTC)

Hold period
the information about the hold placed on purchased items is incorrect. i work at a pawn shop in Kentucky, and our police hold lasts only 10 days. i would have fixed it myself but couldn't access that part of the page.

Personal attack removed the 10 day hold on purchased items is not for the whole state, the hold is a law that has been passed by a county or city (such as lexington).

statistics
Anybody know (for various eras, countries, etc.) what percentage of pawned items are eventually redeemed by the pawner? Doops | talk 04:48, 12 September 2007 (UTC)
 * The average rate of redemtion, or items payed for and picked up, is about 75% which leaves 25% to be sold retail so that the pawnbroker can "get his investment back". This rate will vary from shop to shop depending on the "pawnbrokers" decision on how much to loan on items. If they loan more on a item, the odds increase that the customer will not return due to a larger amount of money to pay back. A Pawnbroker will usually loan more to a customer that shows that they will pay for their loans. If a person never pays a loan and continually defaults on the loans then the pawnbroker is basically buying the goods since they will be converted to inventory eventually.


 * I do not have verifiable sources on-hand, but I work as a pawnbroker in Kentucky. We assume that 2/3 of the loans will default to forfeit. I am sure this varies by location, time and the varying interest rates of loans, but that's our rule of thumb. —Preceding unsigned comment added by 74.130.50.57 (talk) 21:00, 3 November 2007 (UTC)