Movies and television do a great job of giving the average American the wrong impression of pawn shops. In dramatic stories, pawn shops are usually depicted as places where thieves go to fence their stole goods, or addicts bring their mother’s best jewelry to fund a fix. While these scenarios work great for plot purposes, they’re a far cry from the truth of what a real Fort Lauderdale pawn shop looks like.
MYTH: Only lowlifes and criminals go to pawn shops.
TRUTH: Pawn shop customers are not the dregs of society—they’re people who need money to get them through to payday and don’t have a relationship with a bank. Or shopper who like a diverse selection of items all in one place—possibly at good prices.
MYTH: Pawns shops are back-alley places of ill-repute.
TRUTH: They are clean and legitimate retail establishments. Stop into National Pawn Shop in Fort Lauderdale and see what we mean!
MYTH: Pawn shops are full of junk.
TRUTH: If that were true, how would a pawn shop stay in business? A pawnbroker is a businessperson first and foremost. Therefore, his/her interest is in bringing in items that have a good resale value. Plus, a piece of junk wouldn’t make very good loan collateral, would it?
MYTH: Pawn shops are full of stolen goods.
TRUTH: Pawn shops are highly regulated business that keep meticulous records. Any thief who’s gotten the idea from television that a pawn shop is a good place to fence merchandise is going to find out pretty quickly (usually via arrest) that it’s just about the worst place to do that.