Pawn shops are typically local mom and pop retail outlets that offer secured loans to people, with personal property items used as collateral. They are also places where individuals can buy, sell, or pawn goods. When you pawn an item, you are essentially borrowing money against the value of that item. If you choose not to repay the pawn loan and interest, the shop keeps the item and can sell it. Many people use pawn shops for quick cash or to find unique second-hand items at a reduced price.
Items commonly accepted at pawn shops include:
Best way to trade items at pawn shops: