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Interest Rates and Fees Interest charges and costs associated with pawnshop loans can differ significantly relying on the pawnshop, the kind of item, and local rules. Typically, rates of interest for pawnshop loans can range from 10% to 25% per thirty days, making these loans potentially dearer than traditional financial institution lo
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The repayment interval for pawnshop loans varies by pawnshop but typically ranges from 30 days to several months. It's essential to verify the precise phrases earlier than accepting the loan, as failing to repay within this era could end in forfeiting your item to the pawns
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