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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 items having been pawned to the broker are themselves called pledges or pawns , or simply the collateral.
A new pawnbroker must produce a magistrate's certificate to be licensed. [1] A licence cannot be refused if the applicant presents sufficient evidence of good character. [1] The word "pawnbroker" must be inscribed in large letters over the shop door. [1] Provisions in the act safeguard the interests of borrowers whose unredeemed pledges are sold.
Pawnbroker shops and similar institutions. Subcategories. ... Tung Tak Pawn Shop; U. Unbolted This page was last edited on 20 September 2022, at 18:45 ...
Borro Paul Aitken, founder and CEO of Borro, doesn't like to refer to his company as a pawnshop. "We're more similar to a private bank than a pawnbroker," he says in response to the "p" word.
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A pawnbroker is an individual or business that offers secured loans to people, with items of personal property used as collateral. Pawnbroker may refer to: The Pawnbroker, a novel by Edward Lewis Wallant; The Pawnbroker, a 1964 American drama film; Pawnbroker (dragster), a 1969 rear-engined dragster
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Gold's autobiography, For What It's Worth: Business Wisdom from a Pawnbroker, was published on June 1, 2013, by Penguin/Portfolio.The book deals with his personal experience in establishing a successful pawn shop, and gives details on how he did it, and how anyone in any field can "think like a pawnbroker". [1]