how does a pawn shop work?

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how does a pawn shop work?

i need cash quick. will a pawn shop take my car

2006-12-13 11:14:11 · 2 answers · asked by horseyhorsey 4 in Business & Finance ➔ Small Business

2 answers

Those are called title loans and they make them IF you hold the title free and clear (the pink slip), not another lending company.

2006-12-13 11:23:03 · answer #1 · answered by kate 7 · 0⤊ 0⤋

You take in your (whatever). They give you like 10 cents on the dollar for it, and a ticket. You get your (whatever) back when you pay what they gave you plus, what 240%? If you don't get it out after, what, 90 days I think, you lose it. Unless you go in and pay the interest, each month or so.

2006-12-13 19:22:44 · answer #2 · answered by Anonymous · 1⤊ 0⤋