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When you take out a pawn shop loan, you hand over your item as collateral, and the shop gives you a fraction of its value in cash. You also get a receipt, called a pawn ticket, that shows when your loan is due. A pawn shop loan is usually good for anywhere from one to four months. Any time before that period is up, you can take your ticket back to the store and pay back your loan, along with a fee that can be described as either interest or a finance charge.
Fees range personal loan from private finance in delhi 5 to 25 of the loan value per month. That adds up to 61 to 304 APR, which is high, but better than youd get from a payday lender. If you cant pay off a pawn shop loan before it comes due, the shop just keeps your stuff and sells it to someone else. Thats not great for you, since it means youve sold the item for a lot less than it was worth.
Anne was extremely helpful. Her information put me in the right direction for action that kept me legal, possible saving me a ton of money in the future. Thank you again, Anne!. Elaine Atlanta, GA. It worked great. I had the facts and I presented them to my ex-landlord and she folded and returned my deposit. The 50 bucks I spent with you solved my problem. Wonderful service, prompt, efficient, and accurate.
Couldn't have asked for more.
Before accepting a loan from a lender within our network, please read the loan agreement carefully as the APR and repayment terms may differ from what is listed on this site. Repayment Terms. Loans include a minimum repayment plan of 2 months and a maximum repayment plan of 84 months.
Before accepting a loan from a lender within our network, please read the loan agreement carefully as the APR and repayment terms may differ from what is listed on this site. Lender-approval and loan terms will vary based on credit determination and applicable state law - they may offer loans with fixed rates from 6 to 35 APR.
The lender's approval process may take longer due to additional documents being requested. © 2017 Solution Loans.