How Everyday Things Actually Work
Gus, a cartoon cabbie, explains it in about ten minutes. Nobody asked. He's telling you anyway.
First Video, Coming Soon
How Pawn Shops Actually Work
The full transcript and sources for episode two: why you can walk away from a pawn loan and owe nothing, why the shop wins either way, and why the business is really about gold.
- You Borrow
- $100
- Interest, 2% A Month
- $2
- Fee, Up To 20%
- $20
- To Keep It One More Month
- $22
- Walk Away And You Owe
- $0
State maximums, from the University of Tennessee's summary of the law. Shops can charge less, and the guitar stays with them.
Check His Work
The video goes on YouTube. Everything else goes here: the full transcript, every source, and what we couldn't pin down. If a claim is still being checked, the page says so.
One Little Known Fact A Week
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