Don't Whine About Bad Credit, Use Wine As Collateral
February 23, 2012
Beverly Loan Company in Beverly Hills, Calif., is among several pawnbrokers which accepts fine wine as collateral. In Britain, someone brought in a case of 1989 Chateau Petrus to secure a loan of $24,000. A spokeswoman at a similar firm in Paris says people there offer a lot of Bordeaux as collateral.
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