Quote:
Originally Posted by Porsche-O-Phile
G
Probably a tough business to be in - probaly lots of down-on-their-luck types and endless sob stories.
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I think it's only tough if those kind of things bother you, if you go into your local pawnshop down there in the LBC, you probably won't find the owner sitting there listening patiently to sob stories and getting all broken up about it.
It's a good business because unlike most, your investment is always fully secured. It's not like most service businesses, where you have to do work or lay out money, and then have some doubts about collection, collecting on an invoice, disputed charges, etc. And, the rate of return is very high. Hopefully, the original poster, who collected $7200 in total from this woman, will post the original amount given to the woman, so you'll see in number what I mean.