how to set up a pawn brokers
how to set up a pawn brokers
Author
Discussion

transactor

Original Poster:

152 posts

229 months

Wednesday 23rd July 2008
quotequote all
does anybody know how to go about this and the regulations involved

ta

pgilc1

40,169 posts

228 months

Wednesday 23rd July 2008
quotequote all
transactor said:
does anybody know how to go about this and the regulations involved

ta
I take it you're thinking of opening one? How much previous experience have you in that area?

Edited by pgilc1 on Wednesday 23 July 22:37

transactor

Original Poster:

152 posts

229 months

Friday 25th July 2008
quotequote all
none but plenty of retail experience and been a wheeler dealer for a few years

Brown and Boris

11,838 posts

266 months

Saturday 26th July 2008
quotequote all
If you are a true pawnbroker, would you not have to register as a provider of credit?


Eric Mc

125,846 posts

296 months

Saturday 26th July 2008
quotequote all
I would assume that they are regulated these days and you would need some sort of licence to run one.

Also, the word is actually "Pawnbroker" (no gap) smile.

shadowninja

80,154 posts

313 months

Saturday 26th July 2008
quotequote all
Eric Mc said:
I would assume that they are regulated these days and you would need some sort of licence to run one.

Also, the word is actually "Pawnbroker" (no gap) smile.
Maybe he wanted to buy Chess pieces from people who were desperate for cash.

Or maybe he wanted to sell smutty magazines...


POORCARDEALER

8,669 posts

272 months

Saturday 26th July 2008
quotequote all


Many "pawnbrokers" are now unregulated, as they operate as "buyback" shops to get around the legislation........