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.
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
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.
Bruce Whitfield interviews "Dr Eve" Wasserman about her attitude to money (hopes and fears, successes and failures, etc).
Bruce Whitfield interviews Prof Ian Goldin, author of “Age of Discovery: Navigating the Risks and Rewards of Our New Renaissance”.
You should make lots of money (while you sleep!) if you invest in this company suggested by Investment Analyst Nadim Mohamed.
Cocoa is the main ingredient in chocolate; the reason for living. Bruce Whitfield interviews Nomu Brands cofounder Paul Raphaely.
Bruce Whitfield interviews Galileo Capital Personal Financial Advisor Warren Ingram for his weekly personal finance feature.
The story behind Cash Converters and its pawn star CEO Richard Mukheibir…
Eusebius McKaiser says if Brian Molefe accepts the offer it would reinforce the idea that he has been a wolf in sheep's clothing.
Dr. Eve explains the importance of condom usage and educates people about the transmission of sexually transmitted infections.
SA Weather Service says Dineo is expected to affect Limpopo, Mpumalanga and northern KZN.
The African National Congress (ANC) in KwaZulu Natal wants the provinces system scrapped and Cosatu backs this call.
Despite the downgrade, residents in parts of Limpopo and Mpumalanga can still expect flooding and heavy rains.
The most resilient and reliable phone ever made is making a comeback and some are saying it's long overdue. Here's why.
Anita Ronge, famously known as Kasi Mlungu, talks music career, race and township lifestyle with Eusebius McKaiser.
Together, the SA and Hungarian governments are offering scholarships for students who want to do bachelor, masters, and PhD degrees.