NEWS & ARTICLES

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LOAN

REWRITING YOUR LOAN

BY: Greg White
March 21, 2023
Read Time: 2 minutes
REWRITING YOUR LOAN “My loan is due, and I may be late paying it off. Do I have any options?” At Pawn 1, we understand that life happens. The unexpected arises, and all of a sudden you need to use your budgeted cash elsewhere instead of redeeming your loan. Will…
LOAN

THE LOAN PROCESS

BY: Greg White
April 13, 2023
Read Time: 3 minutes
THE LOAN PROCESS “What exactly is collateral lending?” To begin, let’s start with the definition of collateral. Collateral is simply defined as a security that’s pledged to a lender as a guarantee of repayment for a loan. In simpler terms, your pledged item is the security that backs your loan.…

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