Pawnbroker - Wikipedia
WEBA pawnbroker is an individual or business ( pawnshop or pawn shop) that offers secured loans to people, with items of personal property used as collateral. The items having been pawned to the broker are themselves called pledges or pawns, or simply the collateral.
Pawnbroking | History, Benefits & Risks | Britannica Money
WEBpawnbroking, business of advancing loans to customers who have pledged household goods or personal effects as security on the loans. The trade of the pawnbroker is one of the oldest known to humanity; it existed in China 2,000 to 3,000 years ago.
Pawnbroker Definition & Meaning - Merriam-Webster
WEBThe meaning of PAWNBROKER is one who lends money in exchange for personal property that can be sold if the loan is not repaid by a certain time. How to use …
Unbolted: A guide to pawnbroking
WEBA pawnbroker is a lender who offers you a loan secured against your valuables. They hold your asset as security for the loan, which can be redeemed once the full loan amount has been paid. What is the process of pawning like? How long does it take? Traditional pawnbrokers have a shop with a walk-in counter.
History of pawnbroking - Wikipedia
WEBPawnbroking, lending money on portable security, began in ancient history. The practice was widespread in many parts of the world, from ancient Greece to medieval China and medieval Europe.
What Is a Pawnbroker? - PawnMaster
WEBPawnMaster | April 27, 2012. A pawn broker, or pawn shop is a business which allows you to borrow money against an item you own, or sell it outright. In this article we explain more about how pawnbrokers work, and how pawn shops could help you.
How Does Pawn Work - National Pawnbrokers Association
WEBPawnbrokers offer two ways for consumers to quickly exchange tangible personal property for cash thru a values based, non-recourse transaction. Traditional Pawn Transactions: The pawnbroker and consumer negotiate the value of merchandise. The pawnbroker is required to store and insure consumers’ pawn collateral while it is in their possession.
What Is a Pawnshop Loan? a Complete Guide - Business Insider
WEBApr 23, 2024 · Pawnbrokers assess your items just as they do for customers looking to pawn for a direct sale. They'll examine them for quality and consider the market value for their specific region and store...
About NPA - National Pawnbrokers Association
WEBThe NPA provides education, tools, resources, and networking opportunities to members and advocates of the pawn industry. The NPA holds the largest convention and tradeshow supporting pawnbrokers worldwide, bringing industry professionals together annually.
Pawnbroker | Encyclopedia.com
WEBMay 23, 2018 · What It Means. Often referred to as the “poor man’s bank,” a pawnbroker is someone who offers monetary loans to borrowers in exchange for a pledge, or pawn, of personal property. Items that are commonly pawned include jewelry, guns, musical instruments, and electronic equipment.
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