History of Pawnbrokers

The History of Pawnbrokers

According to the History Channel, pawnshops have been around more than three millennia and began in ancient China. Pawning items usually involved giving valuable personal items to a pawnbroker in exchange for cash. The pawnbroker would charge a fee, and the customer would return later to retrieve their item and pay the pawn fee.

When banks failed or were unable to provide loans, pawnshops were one of the main sources of getting cash. No credit checks or checking accounts were necessary to enter into an agreement; just an item of value about equal to the amount of cash the customer needed.

Today, title pawns work in very much the same way. In this case, instead of taking your vehicle in exchange for cash, Complete Cash allows you to continue driving the car while we hold the title for a short time.