Some People Turn To Pawn Shops For Quick Cash During COVID-19 Pandemic | Local news
PORTLAND, OR (KPTV) – The COVID-19 pandemic has caused people to search for cash quickly, and in parts of the country people are looking to pawn shops for it.
Some states, including Oregon, view pawn shops as an essential business that must remain open during the pandemic.
While most people go to banks for cash, others use pawn shops as financial institutions. Pawn shops will give out what are called “pawn shops” depending on what item people bring.
Business is slowing down right now for All That Glitters, located on North Lombard Street.
The sales department is closed and they sell by appointment only.
While the pawnshop is open to loans, there has been no desperate rush.
“Right now our loans are a little down. People are trying to get some of their stuff back. You know, they get a little bit of stimulus money, and they want to get their stuff back and visit for a while. “Said Toni, employee at All That Glitters.” The loan side has gone down a bit. “
All That Glitters currently sees around 40 to 50 customers per day.
Employees say they rarely let more than one person in at a time, and customers are greeted at the door.
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