How Pawn Works

In common usage, pawn signifies a pledge of goods, as distinguished from a pledge of intangible personal property, such as a contract right. In a more limited sense, it denotes a deposit of personal property with a pawnbroker as security for a loan. A pawned article is retained until the loan is repaid within a certain time. If it is not repaid on time, the pawnbroker may sell the item.

Example 1: You need $100.00. What you can pawn to get that money?


or or or Next


You have 1 month to pick up your item for $120.00 or extend your pawn on next month for $20.00 and so on.


Example 2: You need $1000.00. What you can pawn to get that money?


or or or Next


You have 1 month to pick up your item for $1100.00 or extend your pawn on next month for $100.00 and so on.


How long you can keep items in pawn? No limit!!!


When you pay interest on time, you will not lose your item!!!

Davie

13080 W. State Rd. 84
Davie,FL 33325
Phone: 954-476-3128


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