Pawn Loan

type of credit

A loan based on the value of personal property

interest rates and fees calculated

The interest rates are calculated based on the size of the loan

average apr or fees paid

80 percent

sources of this credit

any pawn shop

Example of a company in your comunity or media that provides this credit?

Jewelry barn and pawn shops

When might a consumer seek this type of credit?

if they do not have a good credit can't get a loan

advantages of this credit?

There are no credit checks. Even if a good loan cant be paid