Does anyone know anything about pawn shops?

Things I should know about pawn shops?

• I'm planning to sell an expensive digital slr HD camcorder and another digital snap camera. I called my local pawn shop and he gave me an estimated sell price. He also asked if I wanted to sell or get a loan. What exactly are pawn loans? What are the rules when it comes to selling/buying in pawn shops? Anything I should be careful about? Thanks in advance.

• Answer:

  Pawn loans are where you give them an item, and they will loan you what that item is worth. They give you an amount of time to return the money (while they hold the item). If you dont return it all, they keep it and sell it.