Thread: Sad Day at the Pawn Shop
View Single Post
the the is offline
Registered
 
Join Date: Oct 2006
Location: Colorado, USA
Posts: 8,279
Like len says, it is either selling the goods to the pawnshop for a ridiculously low price, or a loan at a very, very, very (unbelievably) high interest rate.

The interest rate is called a "storage fee" to avoid usury laws.
Old 09-09-2007, 08:34 AM
  Pelican Parts Catalog | Tech Articles | Promos & Specials    Reply With Quote #16 (permalink)