Trading Post Northwest has completed it’s first year in the Pawn Business and we are happy to say that business is booming. Located just south of Portland Oregon in Newberg we already have a terrific following. We are now launching our online campaign, this is our all new interactive blog. This Blog will give us a powerful tool that will show new items and give our customers a new way to interact with us.
To start the blog we wanted to give a bit of history about the Pawn business. It has been very interesting how people not only react to this business, but their misconseptions of what the pawn business is all about. Pawn lending is not a new business. In fact, some reports trace pawn loans back at least 3,000 years to ancient China, as well as Greek and Roman civilizations. According to the National Pawnbrokers Association, even Queen Isabella of Spain pawned her royal jewels to finance Christopher Columbus’ voyage to the New World.
The pawn industry came to America with the first settlers, and in the early parts of the last century, pawnbroking was regarded as the main source of consumer credit. With the rise of large consumer credit institutions, such as finance corporations, savings and loan associations, and credit unions, the pawn shop is no longer the main source of consumer credit. But the pawn shop still plays a vital role in providing consumer credit, and offering the consumer some of today’s best buys.
Every time we give loans on an item, we know that someday it could be on our shelf for sale. Therefore, we only deal in good quality merchandise. Our pawn shop is an established business, locally owned, not here today and gone tomorrow like the flea market, auction sale, garage sale, or the guys selling out of a van on the side of the road. As pawn brokers we know our business is only as good as our reputation, and we work hard to make that apparent.
Come visit us in Newberg, one of Oregon’s largest pawn shops. You never know what you will find. You would have to visit dozens of different retail stores to find all the different types of merchandise we have in this single pawn shop. Jewelry, DVD’s, silver, watches, stereos, sporting goods, cameras, musical instruments, tools, guns, TV’s, computers, bikes, Snowboards and much much more! 🙂