Online Pawn Lending Goes Back Offline

Online Pawn Lending Goes Back Offline

Poised to transition pawn into the era of technology, Borro Private Finance shuttered its collateral lending business earlier this summer as its online lending model proved unsuccessful.

Tabach-Bank explains, “Our clients like the personal touch of a face-to-face loan, particularly when entrusting us to safeguard their most precious and expensive personal possessions. Online lending may be dead, but the pawn industry shows no signs of losing power.”

Read the full article Business Wire: https://www.businesswire.com/news/home/20190924005064/en/Online-Pawn-Lending-Offline

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Online Pawn Lending Goes Back Offline
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Online Pawn Lending Goes Back Offline
Description
Poised to transition pawn into the era of technology, Borro Private Finance shuttered its collateral lending business earlier this summer as its online lending model proved unsuccessful. Tabach-Bank
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Chicago Loan Company
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