Pawn shops have gained popularity in recent years as a result of numerous reality TV shows such as “Pawn Stars” and “Hardcore Pawn.” These shows have helped to portray the industry more positively, showing that pawnbrokers are honest, reputable people who provide a valuable service to their customers.
The pawnshop industry is one of humanity’s oldest financial institutions, with roots that stretch back more than 3,000 years. In fact, even some of the most powerful figures of old-world Europe frequented pawnshops, including England’s King Edward III and Spain’s Queen Isabella, who is said to have pawned her treasured jewels in order to finance Christopher Columbus’ first voyage across the Atlantic Ocean.
What Makes USAPawn and Jewelry a Trusted Name
USAPawn and Jewelry is a leading retail pawn shop and consumer lending chain with 63 locations in Arizona and Oregon. The company serves cash-and credit-constrained consumers by providing a variety of quality merchandise and offering short-term, non-recourse pawn loans secured by pledged personal property. The company is a publicly traded company on the NASDAQ Global Select Market under the symbol EZPW.
In addition to selling and pawning jewelry, USAPawn also offers an extensive selection of high-end electronics and hand tools. The Jackson store’s new larger space will also allow Fulton to sell firearms, which he hasn’t been able to offer at his other locations because of the rigorous state requirements for selling them. He sees these additional sales as an important growth opportunity in the future, as they will help him capitalize on the area’s rich hunting and fishing heritage.
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