Best Companies for Pawn Brokers & Shops Near Merritt Island

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Best of Pawn Brokers & Shops Near Merritt Island
Below is a list of businesses which provide Pawn Brokers & Shops services. If you do not see your business in the list, you can submit it for addition to this list. Adding your business will feature your listing above Standard listings nearby. This listing is optimized to best perform for people searching for Pawn Brokers & Shops and similar categories "near me".

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  • Gold Mine Of Merritt Island LLC

    Gold Mine Of Merritt Island is a pawn shop that buys and sells jewelry, electronics, firearms, and provides jewelry repair services to the Merritt Island, FL, area.

    Merritt Island (FL) - - Phone: (321) 452-1723
    Business Listing

 


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What Is: Pawn Brokers & Shops?

Pawnshops or pawnbrokers are present in Merritt Island. These places offer secured loans to people in exchange of personal property such as jewelry, electronics and tools. The pawshop owner or manager assesses the items, determines its value, and that in turn helps determine the amount of loan that can be given. The item or property is left in the shop as a form of collateral. The person can also sell the item outright. The creditor can come back and take the item back after paying back the loan plus interest, but if he does not, the owner can sell the items at prices he can independently determine. A pawnbroker may also trade goods and sell brand new items apart from his main activity. Pawning an item yields an immediate cash return, which can be helpful in the short term. Pawnbrokers are experienced people who can accurately determine the value of the item, and offer loans within that amount. Of course, he also makes a profit, either in the form of interest, or resale of the item.



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