pawn broker
Definition
A small lender who lends money at a high interest rate and holds some of the borrower's personal goods as collateral, to be sold to the public (in a pawn shop) in the event of default.
 Cite this definition
Related terms:
broker
Related Research Articles from the InvestorGuide.com University
Introduction to Credit
Stresses the importance of credit and explains some basic concepts. Also gives suggestions and a five step process to help take control of your credit.
Credit Mistakes
Your credit report may have errors on it, and this can hurt your ability to borrow. That's why it's important to check your credit reports periodically and get errors resolved. Here we describe the best procedure to follow to make sure you're protected so that errors don't hurt you. We also list the contact information of the three large credit reporting agencies: Experian, Equifax, and Trans Union.
Improving Credit
Find out how to improve your credit (and why this is important). We describe techniques you can use, such as timely bill payment, closing unused credit lines, and avoiding collection agencies, judgments against you, and bankruptcy for seven to ten years.
Featured Sponsor
|
|
