Who Uses Pawn Services?
Pawn customers are diverse, with 40% having household incomes above $50,000.
What is the demographic profile?
40% of customers have incomes above $50,000, spanning all age groups with concentration in 25-54 range.
Why do people use pawn services?
Reasons include unexpected expenses, cash flow gaps, avoiding overdraft fees, and preferring non-credit-based borrowing.
How frequently do customers use them?
Usage varies from one-time emergencies to regular repeat customers who value the service model.