Got no job...we don't care.
Got no credit...we don't care.
Got a prison record...we don't care.
Don't expect to pay us....THAT'S when we care.
Posted on 03/14/2009 11:16:26 AM PDT by thecodont
If you'd like a reading on how the economy is affecting the average San Franciscan, you could call an economist. You could study wages and layoffs. You might even graph the rise of foreclosures.
Or you could stop into the Provident Loan Association on Mission Street behind the Old Mint.
"It's heartbreaking," said manager Ben Shemano. "We have people bringing in their last treasures, filled with unrealistic hopes and expectations."
Shemano and others at Provident don't like to think of it as a pawn shop. There are no handguns, toaster ovens or electric guitars in the window. The store - which deals in jewelry, silver and fine art - was founded by the city's financial bigwigs in 1912 to combat runaway loan sharking. For generations it has been the place to go when a piece of jewelry happened into your hands through inheritance, good luck or a broken heart.
(Excerpt) Read more at sfgate.com ...
Other times reality is slow to sink in. Chait recalls a woman who wanted cash for her silver and gold Rolex watch. She needed the money, she said, to make her Lexus payment.
"They are looking to get money to solve their problems," Chait said. "We're the lenders of last resort."
How about, sell the Lexus.
These are not real problems. They are manufactured sob stories.
“How about, sell the Lexus.
These are not real problems. They are manufactured sob stories.”
Someone living in the slums of Calcutta might feel the same way about someone forced to sell their GEO Metro and move into their mother-in-law’s basement.
“Things changed about a year ago. People aren’t coming in for spare cash any more. This is financial life and death.”
And these idiots still believe in Obama’s “hope” and “change”.
“She told him how she’d had an impressive job with an international firm that went belly-up. Her investments went south, and now she and her husband had rented a three-bedroom home with two other couples.”
More of this is coming under Obama.
It happened in the 40’s too!
What?
Destroy their presumptions status symbol?
No way.
I thought the lenders of last resort were more involved with legbreak...and with giving it, not getting it.
The lots are full of Lexus..Few have the money anymore.
Breitbart.com: Beverly Hills pawnshops snap up artwork, Rolexes
I suppose these are the folks who paid 800,000 for a 900 sq ft, 2nd floor condo in San Fran.
Shouldn’t that be Lexi? Ha!
Yes, and Nancy Pelosi, and Dianne Feinstein, and Barbara Boxer ...
Paying the piper is rarely pleasant but they already danced to the tune.
Got no job...we don't care.
Got no credit...we don't care.
Got a prison record...we don't care.
Don't expect to pay us....THAT'S when we care.
Defaulters will be driven to the Slauson Cutoff and have their Slausons cut off.
Disclaimer: Opinions posted on Free Republic are those of the individual posters and do not necessarily represent the opinion of Free Republic or its management. All materials posted herein are protected by copyright law and the exemption for fair use of copyrighted works.