Are Pawn Shops The New Bank?

Many customers perfer to get a loan from a pawn shop rather than a traditional lending institution. [via Yahoo! Finance] American Jewelry and Loan Owner, and star of ‘Hardcore Pawn,’ Les Gold on why the business at pawn shops is an indicator of how the economy is doing and how they fill the short-term lending void not filled by banks.

Read the full article at Yahoo! Finance.