Pawnshops are Essential During the Coronavirus Outbreak


Pawn shops are a one-stop shop for many essentials

Some people may wonder why their neighborhood pawnshop is still open during the current Coronavirus crisis. Pawnshops are helping people in need during the Covid-19 outbreak.  When lockdown measures came into effect pawnshops were allowed to stay open. They were included in the list of essential services the public should be able to access.  Some people took to the news that pawnshops were listed as essential with scepticism. Admittedly pawnshops don’t have the best repution and aren’t for everyone. But they provide a lifeline for many who have limited access to cash, or a bank.

Pawnshops are serving the same needs they’ve been doing for hundreds of years. Helping citizens in the communities in good times and bad.  Pawnshops are one of the oldest types of financial organization around. While times have changed, they still provide a highly valued service to a lot of people. the dozens of 5 star customer reviews for Meriden Pawn testify to this.

Many roles to fill during the current COVID-19 crisis

Pawnshops have multiple roles in the towns and cities they serve.  Many provide financial services beyond collateral loans, such as check cashing and bill paying.  Pawnshops can be especially helpful during the Coronavirus outbreak since so many people have become financially vulnerable.  People have called us who have been laid off of work, or are on furlough.  A lot of people are asking about selling jewelery, gold and high value electronic items.  This isn’t a phenomenon exclusive to lock-down. The  econimc and finacial difficulties resulting from the Covid-19 outbreak will affect all of us for a long time.  As we face turbulent times ahead, pawnshops will be there for you when you need them.

Spending the stimulas check wisely

With stimulus checks arriving, some people have been asking about buying games consoles or anything else to keep the kids (or indeed themselves) entertained during lock-down.  Pawnshops provide access to a wide variety of items that may not be available due to other shops bering closed. Pawnshops stock everything from musical instruments to bikes and outdoor games. Pawnshops offer people an opportunity to shop in a smaller store. Thus, there are shorter lines than larger chain stores. Not only does it make shopping easier and more nejyable but it helps customers maintain social distancing requirements.