Online Pawn Lending Goes Back Offline
Luxury lender, The Loan Companies, comments on the downfall of online collateral lending, as Borro Private Finance withdraws from the pawn industry.
Jordan Tabach-Bank, a board member of the National Pawnbrokers Association and CEO of The Loan Companies, a luxury collateral lender that chooses to stay offline, said, “Online loans may seem like the easiest option for a quick cash infusion, but they delay both the funding and eventual redemption processes.”
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This entry was posted on Thursday, September 26th, 2019 at 12:00 pm
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