You bring in an item you own and give it to the Pawnbroker as collateral for a loan
(this act is called pawning). The Pawnbroker loans you money against the collateral.
When you repay the loan plus the interest you get your collateral back. If you don't
repay the loan within the specified time, the Pawnbroker keeps the collateral. When
you pawn an item a price is agreed apon by you "the Pledgor" and the staff of the
Trading Post. THERE IS A MONTHLY INTEREST RATE AND STORAGE CHARGE. The item is held
for the specified time of 120 Days or "Term" of the loan. We are licensed by The
Pennsylvania Department of Banking, Bonded, and fully Insured.