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Rapid Growth of Pawnshops in Poland Highlights Economic Struggles

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Rapid Growth of Pawnshops in Poland Highlights Economic Struggles
Source: Wikimedia Commons

The number of pawnshops in Poland is growing rapidly, with a new establishment opening every three days, according to a report by Business Insider Polska. The surge in pawnshops is driven by increasing demand for quick cash solutions amid economic uncertainty and rising living costs. As traditional banks tighten their lending criteria, more people are turning to pawnshops as a convenient, albeit expensive, way to access short-term loans.

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