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A pawnshop business in Munich, Germany in 2014 Helsingin Pantti's pawnbroker in Helsinki, Finland in 2023 A London shop displays the traditional pawnbroker's sign. A pawnbroker is an individual or business (pawnshop or pawn shop) that offers secured loans to people, with items of personal property used as collateral.
In New York, permits are renewable annually and a pawnbroker must file a surety bond with the state. Business is conducted on much the same lines as in England. Loans are made for four months, with an additional 30-day grace period. Exceeding the interest rate is a misdemeanor. Unredeemed pledges may be sold at any time after the loan expires.
Yahoo New Zealand published an article in March 2013 shedding light on the new world of online pawn shops and what to expect when utilizing their services. [5] South Coast Today Describes in an article published January 2013 how small business are turning to pawn shops for short-term loans, a better suited alternative to traditional bank loans ...
Janet Barbour wanted to take her 11-year-old grandson Brian to Disney World, but money had been tight since her husband's death. So the 63-year-old Barbour arranged a loan through an Internet pawn ...
Cash America Announces Expansion of U.S. Pawn Lending Locations FORT WORTH, Texas--(BUSINESS WIRE)-- Cash America International, Inc. (NYS: CSH) announced today that it has entered into agreements ...
The Today Show's Jean Chatzky explains the ups and downs of pawning in the video below. If you're desperate for cash and considering a pawnshop or payday lender, she has some good tips. One ...
EZCORP, Inc. is an American pawn shop operator based in Austin, Texas which provides services across the United States and Latin America. [3] It is a publicly traded company listed on the NASDAQ stock exchange [4] and is the second largest pawn shop operator in the U.S. [5] after Cash America International.
Note that pawn shops only loan you about 25% to 60% of an item’s resale value. If you pawn a piece of jewelry worth $1,000, you might get a loan amount of between $250 and $600, but you won’t ...
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