“Everyone thinks of pawn as the lowest end of the credit spectrum, but I think they are sort of capitalizing on the K-shaped economy.” www.wsj.com/cfo-journal/...
From $200 Loans to $30,000 Birkins, a Pawnshop Chain Serves the K-Shaped EconomyHigher household costs are driving demand for quick cash at Ezcorp’s stores, which also are seeing affluent customers on the hunt for secondhand luxury goods.www.wsj.com