What is the difference between a pawn shop and a pawn loan?

What is a normal 30 day interest rate on a $150 pawn shop loan?

  • So I pawn an item for $150. How much would I expect to have to pay in 30 days to get my item out?

  • Answer:

    Depends on the state, but in MD the rate is 12% per month or 144% per year. So, you would have to pay $168 to get your item out of the pawn shop.

paristoy... at Yahoo! Answers Visit the source

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Other answers

idk... ask the pawn guy.

ryanisalifestyle

I think in 30 days is no percent.

pre-existing conditions

It depends upon the state you live. 10-50% month is possible.

Steve R

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