How Pawn Shops Worked
Newspaper advertisement for Pawn Shop
Advertisement appeared in Waterford News in 1908 for Sheedy's Pawn Shop in Ballybricken, Waterford
Courtesy of Waterford News & StarNewspaper advertisement for Pawn Shop
Advertisement appeared in Waterford News in 1908 for Sheedy's Pawn Shop in Ballybricken, Waterford
Courtesy of Waterford News & StarA pawn broker loaned cash on a variety of items such as jewellery, fishing rods, guns, tools bicycles, furniture, clothing etc. The loan period was for a maximum of six months and at the end of that time the customer could extend the loan period to nine months provided the outstanding interest together with a storage fee was paid. At the end of six months the pawn broker notified the customer that his unredeemed goods would be sold.
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