A Pawnshop for Designer Handbag Loans in HongKong

Louis Vuitton Store display in HK

Here in the Phil, we know that cellphones, gadgets, designer watches, and even scooters and motorcyles are accepted as pawn collateral for a loan. But, in Hongkong, Yes Lady Finance Co. offers loans guaranteed by the value of Gucci, Chanel, Hermès or Louis Vuitton handbags as these luxury handbags are considered goods that retain their retail value.

Prada Outlet Store at Space Outlet Marina Square Aberdeen Hong Kong

Hong Kong is no doubt a shopper's paradise.  The former British colony is a major shopping destination not only for China’s increasingly affluent population, but for the rest of the Asia, as well.  Did you know that in 2011, tourists in HK reached 40M? (Wow! if only Philippines could get just half of it)