Rick Harrison: The Pawn Business, Hidden Histories, and the Best Model in Banking

Today on the James Alteger show. Every object in here is a story and it's beautiful. Like I it's like a it's like a museum in here. People don't buy collectibles and stuff because of what they are. They buy it because of what the story is behind it.

I personally think the pawn shop business is probably the best business model there is. It's the oldest form of banking. A lot of people don't know this, but something like 7 million households in the U.S. Don't have a bank account that they use pawn shops and, you know, payday loans. Right around 20% of the adult population cannot get a bank account.

If you have bad credit, you can't even get a bank account. I've had guys call me a motherfucker. I mean, I've had so many people say, well, I tell them, like, no, your stuff is fake, start cussing me out because I'm trying to rip them off. Well, how the fuck am I trying to rip you off? I just told you I don't want it because it's fake.

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