Now, you might be curious why it is that a pawn shop would be willing to buy your items instead of making a simple loan against them.
If you don’t understand what it is that pawn shops do then this may seem confusing to you at first. That having been said, what you have to appreciate about pawn shops is that in most cases, they are little else other than buy and sell shops.
Pawn shops do most of their business reselling the items that they either buy, or that have forfeited after a loan has gone bad.
While it is true that there is a significant portion of their business that is dedicated to making pawn loans and collecting interest from those loans, their focus really does tend to be on the resale of used items.