O.K. Pawn & Jewelry has been in business for over 50 years in the same location. Specializing in Fine Jewelry & Diamonds with an Expert Jeweler in-house. We are also the area's authorized dealer for Whites Metal Detectors.
The pawn industry came to America with the first settlers and in the early parts of this century pawnbroking was regarded as the main source of consumer credit. With the rise of large consumer credit institutions, such as finance corporations, savings and loan associations, and credit unions, the pawn shop is no longer the major source of consumer credit. But the pawn shop still plays a vital roll in the area of providing consumer credit.
The general public needs to borrow small sums of of money that other sources are not willing to provide and this resulted in the rise of popularity of pawn shops. What chance do you think you would have in securing a $300.00 or smaller loan from a financial institution for a 30 to 90 day period? The cost of the paper work alone prohibits them from making such loans on a regular basis.
A wonderful aspect of the pawn shop is that the variety of brands of merchandise is very large. For example, lets say you are looking for a DVD player. Most retail stores may carry three or four brand name DVD players, but a pawn shop may have as many as a dozen or more brands to choose from. This makes comparison shopping a breeze. You don't have to drive to several different electronics stores to find the brand and model that fits your particular needs. Instead you can do your comparison shopping in one convenient location. Another advantage a pawn shop offers is different model years of merchandise, often at a vast savings over the newer models. Some models, not considered to be the latest and greatest, can be found at a pawn shop for a substantially discounted price.
Also the pawn shop is an established business, the pawn broker is not here today gone tomorrow like flea market vendors, auctions, or the guy selling merchandise out of the back of his van on the side of the road. Today's pawn broker knows his business is only as good as his reputation and he wants to maintain a good reputation, it's as simple as that.
There is a world of bargains to be found in your neighborhood pawn shop. Check it out you'll be glad you did and make visiting your local pawn shop a worthy part of your shopping experience.
Company Name | O.K. Pawn & Jewelry |
Business Category | Precious Metals |
Address | 305 Dr. Mary McLeod Bethune Blvd Daytona Beach Florida United States ZIP: 32114-3146 |
President | Randall Kelley |
Year Established | 1959 |
Employees | 10 |
Memberships | NA |
Hours of Operation | Mon-Fri: 9AM - 5:30PM Sat: 9AM - 2PM Closed on Sunday |
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