TRENDING NEWS

POPULAR NEWS

Will The Pawnshop Give Me Extension

How much will a PAWN shop give me for my PS3?

Pawn shops typically don't take consoles or games because they have a hard time moving them. You would do better trying to sell them to a place like Hastings, GameStop, or GameXchange. However if you want to get a good selling price, you will want to sell the system yourself either online, or through a local paper. Resale shops of any kind will give you a quarter to a third of what an item is worth because they have to make money off the item too. Try a local paper, or a place like Craigslist, or Ebay to get the best resale amount. You can also do research and see what similar systems are going for on those sites and set your price accordingly.

How much do you think a pawn shop will give me for an iHome?

Those things go for about 30-40 dollars *new* at Marshalls. I suppose $10?

What happens if I pay after due date on a pawn shop?

I pawned a 14k gold necklace and the 14 is the due date it's on a Sunday tho and I don't have the money rite now. Can they hold until Friday that I can pay or will they call it theirs after the 14? Whays gonna happen If I don't pay it

Are pawn shops usually selling stolen items?

No, not usually.That's not to say, occasionally some slip through the cracks. When a pawn shop buys something that's stolen, even unknowingly; they could technically get charged with purchasing and possessing stolen property. Considering how difficult it would be to prove the purchaser knew it was stolen, most of the time they drop the purchasing charge, and write a citation for possession. Then confiscate the stolen item(s) without any monetary compensation to the business owner The owner is now out almost double what the value of the item is; considering he already paid for it once, then had it taken so he cant sell it to recoup his overhead, all in addition to having to pay the fine of the citation. So its really in the best interest of owner to ask questions and to get a full story of the item. So they can use their best judgement as to whether or not the item is legit. Any reputable shop will do anything and everything to keep stolen items off their shelves.

How does a pawn shop work?

i am a student in college, and i got a final payment for spring classes due within a wk and need the money b4 i get paid next week. my question is if i pawn my Apple iPhone,how much should i get for it? also if i say i need $350 for it will they allow that.

thanks 4 the help

How does a pawn shop work?

Getting the loanHere’s how a pawnshop transaction works:Pawnshops offer collateral-based loans, meaning the loan is secured by something of value. You take in something you own, and if the pawnbroker is interested, he will offer you a loan. The pawnbroker then keeps your item until you repay the loan. The loan amount will likely be a small fraction of the item’s actual value.You can sell your item to the pawnshop outright, but pawnbrokers are less enthusiastic about these transactions because loans offer much more profit potential for the pawnbroker.You must receive a pawn ticket. Don’t lose this! Not only is it the receipt for your item, it also summarizes the terms of your loan: fees, expiration date, description of your item, etc.Unlike pawnshop loans, personal loans don’t require collateral. You’ll find the best rates on personal loans at Compare mortgage, refinance, insurance, CD rates.Repaying the loanYou have 2 choices for repayment:Return to pay the balance, including the loan amount plus all added fees, before the deadline, which is usually 1 to 4 months after the initial transaction.Don’t return and the pawnshop keeps your item. Aside from losing your item, there are no other consequences, no collection action and no effect on your credit report. On average, though, 80% of all customers do reclaim their items, according to the National Pawnbrokers Association.In some locations, you can extend the loan period by up to several months, but you’ll incur additional charges.If you wish to know more about pawn shop and how its work, Contact or visit Sol’s Jewelry and Pawn They will explain you and guide till the entire process.

What if I sold something at the pawnshop for someone and I was supposed to pawn it?

It really depends on how long you waited till you realized you were supposed to pawn it.At the pawnshop I manage, I’d give you till the end of the work day to realize that mistake and come back in so we can fix it. It as simple as voiding the buy from you and running a pawn. If the amount is the same, then I don’t need to even see the money. Takes less than 3 minutes to be honest.Now if it is anything longer than a day, you’re out of luck. I have to wait a minimum of 21 days before I can put something out for sale if I bought it per OCCC in the state of Texas.We could probably come to an arrangement on price, but I won’t be losing money or breaking even. You signed a document that your intent was to sell. I’d even ask before the transaction if you wanted to pawn(loan) or sell it. It’s not the stores fault you made a mistake, as mean as that’d seem. I suppose that’s part of being an adult and the mistakes we make in life.Hope this helps!

Can I pay back to Pawn Shop using credit card?

I know that most of them accept only cash in return. But what if Pawn Shop accepts card as method of payment? Will my credit card company process it as Cash Advance or as credit?

TRENDING NEWS