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Is pawnshop DAC possible?

Started by jwiz168, April 18, 2014, 02:38:19 AM

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bytemaster

Quote from: jwiz168 on April 18, 2014, 02:38:19 AM
A pawnshop business model is like a bank. By generating its revenues via appraisals and values of the things one's pawned. Now the question is can it be a DAC?

The problem is the pawn broker holds the assets and the assets are not fungible.

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jwiz168

A pawnshop business model is like a bank. By generating its revenues via appraisals and values of the things one's pawned. Now the question is can it be a DAC?