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His family known for chain of pawnshops, but this Tambunting has no connection to that business.
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Yet although pawnshops are doing well, they are unlikely to replace doorstep lending.
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And although pawnshops' interest rates seem outrageous to more fortunate borrowers, they are cheaper than the alternatives available to the poor.
ECONOMIST: Why pawnshops' business is booming
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It also reinstates the mandatory background checks on guns reclaimed from pawnshops.
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The firm then apparently put those funds to work by buying stakes in small companies such as pawnshops and investment consulting firms, according to the sources.
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Online pawnshops like UltraPawn, Pawngo, and IPawn are changing the pawn industry in more ways than one, making online pawning an attractive option for small businesses.
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The steam of the Christmas pudding drifts across a background of pawnshops and sweated labour, and in a double sense the ghost of Scrooge stands beside the dinner table.
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In five years it has extended its vast tentacles into thousands of check-cashing joints, pawnshops and other gritty outposts of the fringe economy to better exploit the dreary unbankability of the underclass.
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By the Qing dynasty (1644 to1912), many Huizhou men had consolidated their capital to open a string of pawnshops in major cities such as Beijing, and they funnelled their profits home to fund the construction of lavish residences for their wives and children.
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C. and his friends never approached the Taj but hung out instead at the south end of the Strip, where there were cheap motels, fast-food restaurants, pawnshops, bail-bond shops, and storefront churches, with sprawling parking lots, not parking garages, so they could cruise the lots and side streets after dark and break into parked vehicles if no one was watching.
NEWYORKER: I.D.