Rueda has owned Blackwell jewelry at Dover since 2001, but he saw in 2008 that more and more people coming to the store wants to give up or sell jewelry.
People needed money for their mortgage, to rent, many people are unemployed, Rueda says Its steady since then..
Rueda is the only licensed pawn broker in Morris County. He had a shop in Dover and Morristown, where he offered cash loan to value, especially the jewerly items but also coins and antiques.
occasionally we do antiques, clocks, a collection of Hummels (figures), sports memorabilia, Rueda says. We stay away from electronics.
While in slow recovery, the economy remains in the ground shaking. Access to bank loans and credit remains tight. Pawnshops have been stepped up, offer loans on-the-spot quickly for valuable items of jewelry and electronics to memorabilia and instruments.