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Jack Daugherty founded Cash America in 1983 (possibly 1984), [3] after prior experience running a pawn shop and a failed venture hunting for oil. [4] He reinvested his earnings into acquiring more pawn shops, growing his business to 36 locations by 1987 and 101 at the end of 1988. [ 4 ]
It is a publicly traded company listed on the NASDAQ stock exchange [4] and is the second largest pawn shop operator in the U.S. [5] after Cash America International. As of September 30, 2021, the company operated 1,148 stores, 516 in the U.S (with 44% located in Texas, 18% in Florida and the remainder spread across 18 other states), 508 ...
In December 2012, NuWire Investor provided a detailed layout of the upscale online pawn industry and its move away from the originally bad stigma attached to pawn shops. [15] Later in December 2012, the New York Post wrote about the appeal of high-end online pawn shops from small business owners to wealthy celebrities. [3]
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The Texas Office of Consumer Credit Commissioner (“OCCC”) is a Texas state agency that regulates non-depository lenders in the state of Texas, [1] which includes, among others, mortgage loan originators, vehicle sales finance companies, debt settlement providers, pawnshops and credit access businesses.
Wright is the founder and owner of a jewelry and luxury goods company based in Houston. [4] She is the co-founder of Wright Pawn & Jewelry. [5] [6] As a jewelry designer, her clients have included First Ladies of Texas and of the United States, as well as other wives of prominent American politicians. [4]
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A pawnshop business in Munich, Germany in 2014 Helsingin Pantti's pawnbroker in Helsinki, Finland in 2023 A London shop displays the traditional pawnbroker's sign. A pawnbroker is an individual or business (pawnshop or pawn shop) that offers secured loans to people, with items of personal property used as collateral.