Featured Press

Online Pawn Lending Goes Back Offline

Online Pawn Lending Goes Back Offline
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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.”

Read the full article Business Wire:
https://www.businesswire.com/news/home/20190924005064/en/Online-Pawn-Lending-Offline

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Online Pawn Lending Goes Back Offline

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