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How does a pawn transaction work?

April 26, 2017pawn transaction

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How does a pawn transaction work?

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A. Pawn loans are convenient short term loans, made on non-recourse collateral items such as jewelry, musical instruments, cameras & electronics. Ownership remains with the borrower during the 4 month life of the contract. The borrowers collateral stands as credit for the loan. Collateral loan brokers business is built on repeat customers in need of a quick, convenient & confidential loan.