Thai pawn shops busy ahead of new school year

Thai pawn shops busy ahead of new school year

Parents in urgent need of money to pay for their children's uniforms and other necessities for the new school term are flocking to pawn shops to turn their items into cash.

Parents Turn To Pawn Shops And Loan Sharks For School Costs Amid Rising Debt

BANGKOK — As a new school year draws near, Thai families face growing financial pressure. More parents are turning to pawn shops and borrowing from loan sharks just to manage the cost of school uniforms and supplies. Household debt keeps rising, school expenses are climbing, and food prices stay high. This mix of problems is […] The post Parents Turn to Pawn Shops and Loan Sharks for School Costs Amid Rising Debt first appeared on CTN News-Chian…

Desperate for School Funds, Thai Families Turn to Pawn Shops

File photo courtesy of Post Today Parents across Thailand are scrambling to convert belongings into cash, as they face mounting pressures to meet school term expenses. With the onset of the new school year on May 16, there’s a rush to pawn shops for funds to cover the cost of uniforms and other essentials. In anticipation, pawn shops nationwide have boosted their cash reserves. The Nakhon Ratchasima Municipality has readied a whopping 30…

Thai Pawn Shops Experience Increased Activity Before School Year Begins

PUBLISHED: 5 May 2025 at 15:02 Small Medium Large A staff member evaluates a ring at a pawn shop in Nakhon Ratchasima province on Friday. As the new school term approaches, parents facing financial challenges are increasingly turning to pawn shops to secure cash for essential items like uniforms. Pawn shops nationwide are gearing up for heightened customer demand, anticipating increased business as the school year starts on May 16. In Nakhon R…