ELi5 The concept of pawning an item/ the concept of pawning
In: Other
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You give someone an item that is worth $10. They say that you have 2 weeks (time varies) to pay them the $5 they will loan you + the $2 handling fee or they get to keep your $10 item.
If you don’t pay them back they made $5 if you do pay them back they made $2.
Rule 2.
You can find this on Wikipedia, or you could check r/answers.
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