How Pawnshops Work


Subject:
Consumer Research & Advocacy , Money , Loans , Shopping

Description:
This feature provides an explanation of the workings of pawnshops, which lend small amounts of money in exchange for collateral, and buy and sell used merchandise. It includes an example of a pawnshop transaction, an example of how a pawnshop is regulated in one state, details about paperwork and interest rates, description of what types of bargains might be found in a pawnshop, and related material. From HowStuffWorks.

Creator:
Brain, Marshall

Publisher:
HowStuffWorks, Inc.

Language:
English

Source:
http://money.howstuffworks.com/pawnshop.htm


PID= res:lii-27319