Models of pawnshop business in the world practice

Abstract

In the article are presented the development and regulation problems of pawnshop activity in the crisis conditions. It includes brief description of different pawnshop business models by regions and by countries. Today pawnshops are interested by those people who are not able to receive credit in the bank that makes them popular all over the world.

Keywords

• pawnshop loan
• collateral
• microcredits
• gold