TEL AVIV, ISRAEL, February 02, 2012 /24-7PressRelease/ -- Executives at iPawn, an online pawn shop, today announced the business is now pawning electronics and jewelry for cash strapped Americans. The company has been in business for about a year and has so far done very well attracting customers who need cash quickly but have bad credit and don't qualify for a traditional loan.
The Internet has changed the way consumers live their lives since its inception not long ago so it is no surprise that people can now pawn their valuables online just as in a traditional brick-n-mortar pawn shop. iPawn is not very different than a traditional pawn shop since they accept weapons, records, bicycles, guitars and jewelry. The company will accept anything that has any value.
"I want to say thank you to iPawn. I needed money quick to get my car out of impound and they really came through. They gave me options and helped me get my money as soon as they could. I got my car and about a month later I got my gold watch back too. Everything worked well. The people at iPawn are professional and they did everything they said they were going to do. I highly recommend iPawn to anyone." David Pierce, Miami, Florida
The way an online pawn shop works is simple, consumers who need money give up personal possessions in exchange for a short-term loan. The amount of the load depends on the value of the property. People who pay the money back receive their merchandise in return so everyone is satisfied. iPawn makes money off the interest it charges people so they would rather not have to keep items which the business then has to sell to recoup the loan.
In addition to online pawn shops popping up every month, many storefront pawn shops also have an online offshoot to bolster their business. People have always turned to pawnshops to get money as fast as possible so it's a natural flow of commerce for these storefront properties to begin accepting valuables via an online pawn shop.
About
iPawn is an online pawnshop that helps people who need money in an emergency. The company employs a team of trained appraisers and experienced ecommerce executives who help people all over the country get the money they need without a lot of hassles or red tape.
Website: http://www.ipawn.com
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