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Reinventing the Pawn Shop

The new Online Pawn Shop financing option is getting noticed more and more, and this time Time.com has taken notice.

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The article mentions some of the leading online pawn shops, and iPawn.com is mentioned as well.

“..the benefit of the loans is they typically come with no strings attached. “In the event of default the borrower loses the item rather than being subject to wages garnered or other legal actions,” says Tom Feltner, director of financial services at Consumer Federation of America.

Read the whole article

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