What Can You Expect From Reputable Pawn Broker Services?
Pawning an item means loaning a valuable item in exchange for instant cash. A daily or monthly interest is quoted on the money lent. You can only repossess the item once you pay the loan within the agreed time. If you fail to pay the loan during the given period, the pawnbroker may extend the term and add additional charges. In most cases, however, he assumes legal ownership of the item and offers it for sale.