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When are jewellery shops, pawn shops?
A:
We loan against art, antiques, watches and memorabilia. Valuers in jewellery pawn shops like Borro.com are well used to dealing with other valuables as well as jewellery, and if you apply for an on-line for your jewellery loan with Borro.com, you wil
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What proportion of people pay-off their pawnbroker loan?
A:
Approx. 92% of our loans are paid off and the goods returned.
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What items of jewellery do you do a pawnbroker loan against?
A:
Mainly Gold, Platinum and Diamonds, including but not limited to: • Anklets • Bangles • Bracelets • Brooch/ Pins • Charm/ Charm Bracelets • Earrings • Hair/ Head Jewellery • Necklace/ Choker • Pendant/ Locket • Sets • Cuff links • Chains • Rings
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What if the pawnbroker won’t cooperate?
A:
If you cannot successfully solve the problem with the pawnbroker within ten days, you may then file a petition with the court.
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What if a pawnbroker operates more than one pawnshop?
A:
Each location at which a pawnbroker regularly conducts business must have a separate license. An application and payment of a $500 fee for each additional location must be submitted.
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Why acquire cash from a title lender / pawnbroker?
A:
A title transaction enables you to acquire cash based on the value of your car but without actually losing its use. The process is based on collateral not credit. For more information, go to our other page, "how it works: Smyrna Atlanta: Auto / Vehic
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What are the steps I need to take to become an authorized Secondhand Dealer or Pawnbroker?
A:
Prior to the granting of a license, you must contact your jurisdictional local agency (sheriff or chief of police), where your business will be located, not where you reside, to obtain the secondhand dealer or pawnbroker application package. The appl
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Is a pawnbroker required to report pawn transactions to any federal government agencies?
A:
Response: If you pay your pawnbroker $10,000.00 or more during any 24 hour period, or if during the course of any 12 month period you pay the pawnbroker $10,000.00 or more as repayment on one loan, one layaway or merchandise sale and the payment is m
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I think that something stolen from me was pawned by the person who stole it, how should I approach the pawnbroker?
A:
Response: Pawnbrokers do not want stolen articles in their inventory. Take the item receipts, serial numbers and descriptions to your local police department and report the theft or burglary incidence. Only the police can retrieve your stolen propert
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How does a pawnbroker's business work?
A:
Response: Pawnbrokers lend money on items of value ranging from gold and diamond jewelry to musical instruments, televisions, tools, household items, etc. Since the customer is providing collateral, there is no need to do a credit check. A typical lo
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