Chanel as collateral: Hong Kong firm gives handbag-backed loans

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Chanel as collateral: Hong Kong firm gives handbag-backed loans

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In designer-obsessed Hong Kong, keeping up appearances can be hard on the pocketbook. One company has an answer: cash-strapped shoppers can get money quickly by pawning their Gucci, Chanel, Hermès or Louis Vuitton luxury handbags.

Chanel as collateral: Hong Kong firm gives handbag-backed loans

Chanel as collateral: Hong Kong firm gives handbag-backed loans – New York Daily News

Chanel as collateral: Hong Kong firm gives handbag-backed loans

Chanel as collateral: Hong Kong firm gives handbag-backed loans

Chanel as collateral: Hong Kong firm gives handbag-backed loans

Chanel as collateral: HK firm gives handbag-backed loans

Chanel as collateral: Hong Kong firm gives handbag-backed loans

Chanel as collateral: Hong Kong firm gives handbag-backed loans - PressReader

Chanel as collateral: Hong Kong firm gives handbag-backed loans

Chanel as collateral: HK firm gives handbag-backed loans

Chanel as collateral: Hong Kong firm gives handbag-backed loans

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Chanel as collateral: Hong Kong firm gives handbag-backed loans

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Chanel as collateral: Hong Kong firm gives handbag-backed loans

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Chanel as collateral: Hong Kong firm gives handbag-backed loans

Hong Kong's new currency: Women using designer handbags worth thousands as collateral for loans

Chanel as collateral: Hong Kong firm gives handbag-backed loans

Hong Kong's pawn shop accepts handbags as collateral - BBC News