The Science Of ... , Evergreen Content

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.

Subscribe to our Business Wrap Newsletter

Article brought to us by Old Mutual.

Read More
51 inventions that created the modern economy

51 inventions that created the modern economy

Economist Tim Harford discusses his book “50 Things That Made the Modern Economy” and the shortlist for the “51st thing”.

Egypt ousts SA as Africa’s top investment destination

Egypt ousts SA as Africa’s top investment destination

The Money Show’s Bruce Whitfield interviews Celeste Fauconnier, co-author of RMB’s “Where to Invest in Africa” report.

ENCA’s ‘Know more, judge less’ campaign is awesome

ENCA’s ‘Know more, judge less’ campaign is awesome

The Money Show’s Bruce Whitfield interviews branding and advertising expert Andy Rice.

Sasfin CEO opens up about dumping KPMG

Sasfin CEO opens up about dumping KPMG

The Money Show’s Bruce Whitfield interviews Sasfin CEO Roland Sassoon.

How to avoid a horror story when buying software for your business

How to avoid a horror story when buying software for your business

The Money Show’s Bruce Whitfield interviews Aurik Business Accelerator founder Pavlo Phitidis.

How pawn went mainstream (and how Richard Mukheibir became its biggest star)

How pawn went mainstream (and how Richard Mukheibir became its biggest star)

The story behind Cash Converters and its pawn star CEO Richard Mukheibir…

Popular articles
Opinion:  Bishop Lekganyane is right

Opinion: Bishop Lekganyane is right

Stephen Grootes weighs in on comments made by the Zion Christian Church Bishop at the weekend.

Joburg Market officials face arrest over 'disturbing' fraud claims

Joburg Market officials face arrest over 'disturbing' fraud claims

It's alleged three officials defrauded the City to the amount of at least R7.5 million by inflating the number of goods received.

It's not the end of the road... Top tips to improve your matric

It's not the end of the road... Top tips to improve your matric

"Recognise that it’s not the end, it’s the beginning." Expert advise for school-leavers who want to improve their results.

Who is Advocate Tembeka Ngcukaitobi?

Who is Advocate Tembeka Ngcukaitobi?

The EFF lawyer stole the show during the state capture report court battle.

'Collect experiences, NOT possessions!' - Paul Theron (Vestact MD)

'Collect experiences, NOT possessions!' - Paul Theron (Vestact MD)

Bruce Whitfield interviews the razor-sharp tongued Vestact MD Paul Theron about his money hopes, fears, successes, failures, etc.

Meet the founder of Capitec Bank, named ‘Best Bank on Earth and Cheapest in SA’

Meet the founder of Capitec Bank, named ‘Best Bank on Earth and Cheapest in SA’

Michiel le Roux speaks about the fascinating story behind the little bank that has the Big 4 shaking in their boots.

3 easy questions could bag you R2000!

3 easy questions could bag you R2000!

WIN R2000! But only if you can prove you're a whiz of the MTN Biz Quiz by answering the following three questions...

Blesserfinder: Matching you with a sugar daddy near you

Blesserfinder: Matching you with a sugar daddy near you

Is social trend Blesserfinder, where girls are allegedly matching up with rich 'benefactors' in exchange for sex, a real thing?