Monday, August 27, 2018

What Should I Look for in a Pawn Shop – Is There One Open Near Me?

  • Are you dealing with an unlicensed pawn shop?
  • Is the interest rate you’re paying your pawn shop within the legal limit?
  • How does a pawn loan work?

You’ve been in business for several years and, overall, it’s been very profitable. Then out of the blue, sales drop and you find yourself not taking home a full paycheck. You wonder, “What am I going to do?”

Rest assured that you’re not alone! Many people find themselves in this situation from time to time. Fortunately, a pawn shop is a simple solution available to almost everyone.

“I’ve got some jewelry just sitting in a box under the bed,” you think, “maybe I can pawn it!” “Is there a pawn shop open near me?” you wonder. You search and maybe you realize that you have no idea what to expect in a pawn shop? You wonder, “Do they have to be licensed? Are there laws governing interest rates? How does a pawn loan work?”

Read more.

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