NEWS & ARTICLES

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…

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.…