Avoid Pawning

vidhyaprakash By vidhyaprakash, 13th Dec 2012 | Follow this author | RSS Feed | Short URL http://nut.bz/2xg955qi/
Posted in Wikinut>Money>Property

This article gives the issues and problems in pawning our things

Avoid Pawning

Some people go to pawn shop and pledge their things if they need money urgently. But this kind of persons indirectly involved in to unwanted troubles in their life. We must try our maximum to avoid pledging our things in the pawn shop, even though we are in financial problems. We must find other sources to get money than pledging the things to the pawn brokers.

Most of the pawn brokers will give the low rate for our things like jewels, ornaments, property and others and collect a great interest amount from us, if we don't have the ability to pay the interest properly, then they will put our things to the auction. This kind of brokers never give time to us to get back our things, most of the persons are forced to forget about the things which they are pledged to the pawn brokers due to the situation.

Pawning our things and getting money from it may be a temporary solution to solve our money problem, but it will create another new problem in our life and it is really hard to get back our favorite things if we pledged it, we are in need to spend more money for it. In fact the money we get from the pawn brokers for our thing is very much lower than the interest amount, if we take time to get back our things.

The person once go to the pawn broker and pledge their things will surely make an oath to avoid such thing in the future due to their bitter experience. Better to avoid pawning your things to solve your money issues. Various ways are available to solve our financial problems which is better than pawning our things, so select one among them and avoid panning the things to avoid unwanted headaches in your life.


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Meet the author

author avatar vidhyaprakash
I am running a courier agency.. writing articles in various sites.




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