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Pawn Shops in Thailand

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  • Pawn Shops in Thailand

    Is there one in your city and do Thais pawn stuff? Are they a regulated business in Thailand? My wife has been watching Pawn Stars and was talking to me about the show and it made wonder if it was a business that Thais do and make money with it.

  • #2
    There are plenty of crooked loan sharks in Thailand ready to loan baht at a 30% interest rate, I have not seen a pawn shop before, but then again, I have never looked for one.

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    • #3
      Legitimate pawn shops can be found all over the country. Thais pawn stuff all the time.
      Whenever you find yourself on the side of the majority, it is time to pause and reflect.

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      • #4
        Originally posted by Norton View Post
        Legitimate pawn shops can be found all over the country. Thais pawn stuff all the time.
        What he said.

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        • #5
          Yes, it's regulated and difficult to get into. Of course also a protected occupation reserved for Thais only.
          Originally posted by Ergenburgensmurgen;n186588
          What are you talking about, I don't post on Teakdoor.


          https://thailandchatter.com/core/ima...ies/giggle.gif

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          • #6
            Originally posted by Mr Pumblechook View Post
            There are plenty of crooked loan sharks in Thailand ready to loan baht at a 30% interest rate.
            It's 3-5% per month in our village, which reflects the high risk. The last resort for people who've exhausted all other avenues.
            Usually short term, many farmers are desperate for cash before the harvest.
            Originally posted by Ergenburgensmurgen;n186588
            What are you talking about, I don't post on Teakdoor.


            https://thailandchatter.com/core/ima...ies/giggle.gif

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