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A 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 word pawn is derived from the Latin pignus, for pledge, and the items having been pawned to the broker are themselves called pledges or pawns, or simply the collateral. If an item is pawned for a loan, within a certain contractual period of time the pawner may purchase it back for the amount of the loan plus some agreed-upon amount for interest. The amount of time, and rate of interest, is governed by law or by the pawnbroker's policies. If the loan is not paid (or extended, if applicable) within the time period, the pawned item will be offered for sale by the pawnbroker/secondhand dealer. Unlike other lenders, though, the pawnbroker does not report the defaulted loan on the customer's credit report, since the pawnbroker has physical possession of the item and may recoup the loan value through outright sale of the item. The pawnbroker/secondhand dealer also sells items that have been sold outright by customers to the Pawnbroker or secondhand dealer. Business modelFrom Wikipedia under the
GNU Free Documentation License From Yahoo Image Search: "Pawn shop"  washingtoncitypaper.com Lydia DePillis ue, 01 Jun 2010 20:44:41 GM In mid-May, the Council passed temporary legislation that caps interest at 24 percent and gives ANCs great weight in deciding whether a . pawn shop. can be licensed in a given area. Ward 4 Councilmember Muriel Bowser is now campaigning ...  worldsdown.net unknown Sun, 04 Jul 2010 15:43:34 GM Jazz . Pawnshop. Rapidshare Free Full Downloads Rapidshare MegaUpload Hotfile Torrent.  gspawn.com Rick Wed, 07 Jul 2010 22:09:16 GM And Corey, the self-assured, all-knowing son of two . pawn shop. titans, typically learns a lesson or two about life in each episode. All the while, they're supported by the supposedly dim-witted Chumlee who provides some of the best ... From Google Blog Search: "Pawn shop"  dentonrc.com Fri, 16 Jul 2010 04:28:56 GMT+00:00 Denton Record Chronicle Inside the purse, they found a pawnshop receipt for a digital camera. It was the same brand as the one the victim owned but recently has not been able to ...  pantagraph.com Thu, 15 Jul 2010 17:44:19 GMT+00:00 Bloomington Pantagraph "Cash Your Oil Checks Here," reads a banner on a pawn shop east of New Orleans. "Oil Spill Claim? For consultation, call ... " says a road sign near Port ...  aledotimesrecord.com Wed, 07 Jul 2010 15:37:24 GMT+00:00 Aledo Times Record He said that the ordinance's main goal was to regulate pawnshop hours. He said the city had a number of options including, doing nothing about the new ... Water tank work begins in Aledo Aledo Times Record From Google News Search: "Pawn shop" What can I sell at a pawn shop for a good amount of money? Q. I spent a little too much money this weekend on my friends, and now I'm in the hole. I've got a couple bills to pay soon and I want to know what I could get a good amount of money for, at least $100, at a pawn shop. I'll never go shopping again, I've learned my lesson, I need food, not clothes. Asked by Vespera - Tue Oct 10 12:13:29 2006 - - 7 Answers - 1 Comments A. Nothing for a good amount of money those places rip you off Answered by 98ta - Tue Oct 10 12:15:40 2006 How much cash would I need to own a pawn shop in Saint Paul Minnesota? Q. How much cash would I need to open a pawn shop in saint paul, MN? I know that a bond is 5,000.00 and the license is 2,500.00 But, how much would I need to get everything open and running? Asked by Issac T - Wed Oct 31 14:26:25 2007 - - 1 Answers - 0 Comments A. Man, you really want to open up a pawn shop. Shoot me an email at needanid_99@yahoo.com and I can send you some additional information. I live in Bloomington, MN BTW. In the mean time. Head out to Microsoft.com and download some of there financial templates and Business plans. Some of the templates are provided by SBA and score. There's no way that I can figure out a start up cost for you, but you may have a better idea of what things cost, etc. Browse thru them and play around with some cash estimates. Answered by needanid00 - Thu Nov 1 18:56:44 2007 What would the price of a keyboard be at a pawn shop?
Q. I just want to learn how to play for now so i dont want a brand new keyboard, but how much would one be at a pawn shop? Asked by maddyyy:D - Sun Aug 17 14:51:49 2008 - - 2 Answers - 0 Comments A. The first answer is correct. You should be able to get one for half or retail or less. And keyboards run anywhere from $50 to thousands of dollars. I own a store in Michigan and buy lots of keyboards every year. www.gardencityexchange.co m -Tom Answered by Thomas B - Sat Aug 23 12:03:26 2008 From Yahoo Answer Search: "Pawn shop" |
