Thursday, April 7, 2011

Pawn Loans at Casino

I don't know whether casinos are allowed to have pawn brokers or pawn shops but this casino I went to last week had brokers. They didn't have an official stall or shop. They were just lurking around but everyone knew where to find them, the guards even gave us directions. The thing is, I had something to pay last week and I needed cash fast! I tried four other pawn shops before the people at the casino. But no one was accepting my camera. The first two didn't accept gadgets while the other two's bosses were out so they couldn't give me a price. So I went to the brokers and they loaned me very little for it. It was bought brand new 4 years back for around USD 1400. Now, I know a gadget's value depreciates. So I estimated that it would probably be half that. But you wanna know how much they lent me for that? 70 bucks. What a rip off, right? That's not even 1% of how much I bought it for and it's still good as new. What the hell is wrong with them. These people are crazy! And they charged me 20% for getting it back after just a week.

A lesson to the wise: Stay away from brokers at casinos (that is, if you can find a better alternative).

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