'Downgrading of Ekurhuleni and Tshwane not helpful,' says economist Pheko
'Separation of security agencies and involvement in politics must be clear'
Four alleged members of notorious Rolex gang to appear in court on Monday
SA economy: 'Manufacturing remains an engine of growth and must be prioritised'
Witness confirms that Mosebenzi Zwane knew about illegal activities
More whistleblowers report corruption during pandemic, police top the list
Money lessons Covid-19 taught – heed them for a brighter, wealthier future
'SA cash economy about 60% of GDP, moving that to digital would be huge saving'
Retail Capital injects R500m into economy through Covid-relief for SMEs
Design a sneaker and stand to win a bursary from AAA School of Advertising
Long-term investment case for property in Africa remains intact
Planning a wedding? Remember booking a bigger space for fewer people, costs more
Zwane and Sheppard will do well as Gavin Hunt's assistants - Mazola Molefe
Bafana Bafana captain Thulani Hlatshwayo and Deon Hotto sign for Orlando Pirates
Cricket South Africa apologises to Momentum for board member's tweet
'Never be ashamed of failure, it is a learning curve,' says Simphiwe Dana
I ended up donating all money from rooftop sessions to charity - Ard Matthews
[WATCH] Young man who tested positive for COVID-19 busted for hosting a party
How SA octopus doccie could help boost marine conservation and aquarium's work
UPDATE: SA recovery rate reaches 88.9%
SA-founded Luno acquired by Digital Currency Group (US) - a perfect fit
Demand for commodities used in lowering carbon emissions will certainly increase
Resource firms and funders are increasingly transparent about carbon emissions
BMW pays tribute to SA fave 'Gusheshe' (325is) with limited edition 3 series
My Kreepy Teacher: How Kreepy Krauly's parody of My Octopus Teacher went viral
Need cash (or a loan) quick? How pawn shops may be able to help…
My business doesn’t thrive on poor people. My business thrives on yuppies. They buy a Ferrari, but don’t have money for petrol.
Roy Peretz
A pawn shop is a business who loans money – or pays cash - to people who bring in valuable items such as jewellery, gold, watches, cameras, musical instruments, televisions or computers.
The Money Show’s Bruce Whitfield interviewed Pawn Shop SA host and pawn shop owner Roy Peretz for his weekly "The Science Of" feature.
Listen to Peretz in the audio below (and/or scroll down for more quotes from it).
I will not buy anything I can’t sell.
Roy Peretz
You buy a laptop today; tomorrow it’s worth half the price.
Roy Peretz
People who come to us are not bankable. Banks won’t help them.
Roy Peretz
You can bring your car to us; you can still drive it but we’ll give you money.
Roy Peretz
I’ve pawned two Ferraris this year.
Roy Peretz
We have huge problems with security.
Roy Peretz
We look at the pictures on your phone to ensure you didn’t steal it.
Roy Peretz
The oddest thing I’ve ever been asked to pawn was a vibrator.
Roy Peretz
Click here (then“like” the page) to follow Bruce on Facebook.
Enter your email address in the form below to receive a newsletter containing the most-read articles of the week from Bruce Whitfield’s The Money Show every Friday morning in your inbox.
Article brought to us by Old Mutual.
This article first appeared on CapeTalk : Need cash (or a loan) quick? How pawn shops may be able to help…
More from The Science Of ...
Car insurance from R180 per month – and you don’t pay if you don’t drive
Meet Alex Thomson of Naked Insurance, a high-tech company with vastly lower operating costs than most traditional insurers.
Read More
How Stellenbosch became a breeding ground for Afrikaner billionaire businessmen
The Money Show's Bruce Whitfield interviews Pieter du Toit, author of "The Stellenbosch Mafia: Inside the Billionaires' Club".
Read More
Unsure where you stand on NHI? Experts slug it out in an emotional debate…
The Money Show's Bruce Whitfield hosts a debate on NHI between Paul Theron (Vestact) and Russell Rensburg (Wits).
Read More
How to quit your job so you can follow your dream
Ever dreamt of just doing it? You may want a few pointers from someone who did. Meet Callan Williamson of Tortilla Modern Mexican.
Read More
This fund (SA SME Fund) worth R1.2 billion wants to help black businesses grow
The Money Show’s Bruce Whitfield interviews Ketso Gordhan, CEO at SA SME Fund.
Read More
Happy 100th birthday, Landbouweekblad!
Bruce Whitfield interviews Chris Burgess, Editor-in-chief at Landbouweekblad, South Africa’s legendary magazine about farming.
Read More
The story of Marcel’s 'better than sex' frozen yoghurt
The Money Show’s Bruce Whitfield interviews Nicole Westwig, Managing Director at Marcel's.
Read More
How to stop them from stealing your idea (by Ubuntu Baba's lawyer)
The Money Show’s Bruce Whitfield interviews Andrew Papadopoulos, Trade Mark Attorney at KISCH IP.
Read More
Take a look inside BMW South Africa’s high-tech X3 producing factory
The Rosslyn plant makes 15 BMW X3 SUVs per hour for export around the world. Bruce Whitfield interviews BMW SA's, Tim Abbott.
Read More
Robots made in our image are requiring less and less human intervention to learn
The Money Show’s Bruce Whitfield interviews Jared Molko, a former employee at Google.
Read MoreMore from Evergreen Content
How to save and buy an island (you need only R2000 per month)
Saving money on boring stuff such as a car can allow you to do really outrageous and courageous stuff, says Sam Beckbessinger.
Read More
Marketing is becoming the single most important key to success in small business
'Marketing' is not 'sales'. It’s not noise. It's a science, and you must get it right, says Pavlo Phitidis.
Read More
Kahn Morbee (real name 'Dingaan') of The Parlotones opens up about his money
The Money Show’s Bruce Whitfield interviews Morbee about his attitude to money (hopes and fears, successes and failures, etc.).
Read More
How to build a resilient small business
Small business guru Pavlo Phitidis on the basics of building a resilient business. He gives clear guidelines for getting it right.
Read More
Story of Van Loveren Vineyards and 'Four Cousins', SA's top-selling bottled wine
Bruce Whitfield interviews Phillip Retief, CEO at Van Loveren Vineyards, the origin of the SA's top-selling wine, "Four Cousins".
Read More
Going broke scares me, because I've been there - Darren 'Whackhead' Simpson
Bruce Whitfield interviews Darren ‘Whackhead’ Simpson about his attitude to money (hopes and fears, successes and failures, etc.).
Read More
Bruce Fordyce – one of South Africa’s all-time greats - bares his soul
The Money Show’s Bruce Whitfield interviews athlete about his attitude to money (hopes and fears, successes and failures, etc.).
Read More
Foreigners rule informal trading (outcompeting even Shoprite). Consumers win!
About 20% of every rand spent in South Africa goes to informal stores, mostly foreign-run. GG Alcock on his book “KasiNomics".
Read More
Adri Williams - Ubuntu personified - saved Khayelitsha Cookies and changed lives
Bruce Whitfield interviews Williams about her transformative business delivering quality cookies to hotels and Pick n Pay.
Read More
How to escape the tyranny of 'project-based revenues'
The Money Show’s Bruce Whitfield interviews small business guru Pavlo Phitidis, founder of Aurik Business Accelerator.
Read More
Highlights