LICENSED BY THE PENNSYLVANIA DEPARTMENT OF BANKING
Pawnshops have been aroundfor hundreds of years.
The basic idea behind any pawnshop is to loan people money.
It goes like this:
You bring in an item you own and give it to the Pawnbroker as collateral for a loan
(this act is called pawning). The Pawnbroker loans you money against that collateral.
When you repay the loan plus the intrest you get your collateral back. If you don't
repay the loan within the specified time, the Pawnbroker keeps the collateral.
The Stroudsburg Trading Post and Fast Cash Check Cashing & Trading Post are Monroe
County's first and only licensed Pawnbroker. When you pawn an item a price is agreed
apon by the Pledgor and the staff of the Trading Post. THERE IS A MONTHLY INTEREST
RATE AND STORAGE CHARGE. The item is held for the specified time of the loan. We
try to make it as easy and simple as possible for customers to renew or extend their
loans. We are licensed by The Pennsylvania Department of Banking, Bonded, and fully
Pawn Loan Terms
Interest + Storage+ Insurance = 3% Monthly Charge
120 Days Loan Terms
Pawns may be Renewed for an Additional 120 Days with Payment of Interest.
More than 100 million American do not have a bank accounts or credit cards In today’s
diverse society many people depend on pawnshops to meet their daily financial needs
not met by other financial institution. The lack of credit and loss of millions of
jobs has affected our country. In the most severe way in 90 years. Our customers
represent the working families of who have an unexpected need for a short term loan.
Pawn loans keep the electric on, rents paid and cars working. Bargain hunters and
pawns shops go hand in hand. A wide variety of pre-owned and new merchandise ranging
from jewelry, and electronics, to musical instruments And tools.