Pawnbrokers are one business which is thriving on the recession. Pawnbrokers have said that they are enjoying a rise in profits as people struggle to make ends meet and struggle to be accepted for credit – often leaving them with little choice but to visit the pawnshops.

Most people visiting the pawnshops are looking for small loans around the £100 mark for a couple of weeks – usually to tide them over until their next pay packet arrives. Many of the loans are made in exchange for jewellery.  Read more... (217 words, estimated 52 secs reading time)