SEOUL (The Korea Herald/Asia News Network): Pawn shops have been seen as relics of the past, from a time when instant cash loans were not so readily available with just a few clicks.
Cash-strapped young Koreans turn to pawn shops Asia News Network (ANN) is the leading regional alliance of news titles striving to bring the region closer, through an active sharing of editorial content on happenings in the region.
Pawn shops have been seen as relics of the past, from a time when instant cash loans were not so readily available with just a few clicks. But though many perished, a new breed of shops has emerged, catering to clients who possess expensive gadgets or luxury goods but are temporarily cash-strapped. Lee Yong-seok’s shop in Seoul's bustling Hongdae specializes in loans secured against tech gadgets. In contra.
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