Kudos to Paul Aitken, Founder and CEO of Borro for spotting the gap in the secured loans market and cracking the process to support online pawnbroking in a way that people find usable.
For the cynics amongst you, this is not a ploy to prey on the overindebted. As the Channel 4 found, 50% of the customers have never been to a high street pawnbroker, and about the same are "middle class".
Pawning a souvenir or heirloom for a few months clearly seems preferable to persuading a bank to fund a short term gap in your cash flow.
1 comment:
Digipawn let's you pawn a domain name!
Post a Comment