Once the customer pays back the loan, the pawn broker ships the item back.
FORBES: Could Online Pawns Fund Your Business?
If the customer defaults, the pawn broker keeps the item and sells it to satisfy the loan balance.
If Wayne Huizenga thinks so -- and he probably does -- then we suggest three words for him (and for any other big-ticket-item broker): Virtual Fleet Sales!
FORBES: Digital Rules: Coming Soon -- Cyber Co-Ops
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