Sign of the times on high street as pawnbroker demand grows

Claire Blenkins, a 23-year-old from Bramley in Leeds, has used pawnbrokers Albemarle & Bond for some 18 months.

She heard about the firm through a friend. Claire pawns her jewellery, usually gold necklaces and earrings and uses the branch at the Bramley Centre.

The typical interest rate is 110-120 per cent APR with the money instantly available.

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No credit checks are required and the firm holds a Consumer Credit licence issued by the Office of Fair Trading.

Claire uses the funds advanced to buy extra treats and other items required for her two children.

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