1. Choose a pawnshop: find a legal, regular and reputable pawnshop. You can find a suitable pawnshop through online search and friend recommendation.
2. Prepare documents: Bring my ID card or other valid ID documents so that the pawnshop can verify the identity information.
3. Personal belongings: sort out valuables that need to be pawned, such as jewelry, and take them to the pawnshop. It is recommended to put the articles in special packaging boxes or bags to prevent them from being damaged during transportation.
4. Appraisal and evaluation: The professional appraiser of the pawnshop will appraise and evaluate the items you bring. They will evaluate the value of an item according to its brand, material, color and market situation. In the evaluation process, the appraiser may be required to explain the evaluation results to ensure the fairness and rationality of the evaluation.
5. Agreed pawn amount and duration: According to the evaluation results, the pawnshop provides a certain amount of pawns. You can negotiate the loan amount and loan term with the pawnshop according to your own needs. After the two parties reach an agreement, they need to sign a pawn contract to clarify the rights and obligations of both parties.
6. Pawning procedures: After signing the contract, the pawnshop will collect the goods and provide loans. At this point, you need to pay a certain pawn fee. Pawn fees are usually a certain proportion of the pawn amount, and the specific proportion will vary according to factors such as pawn shops and the value of goods.
7. Redemption or abandonment of goods: After the pawn period expires, you can choose to redeem or abandon the goods. If you want to redeem the goods, you need to repay the loan principal and interest, as well as the pawn fee. If you choose to give up your goods, the pawnshop has the right to dispose of your goods to recover the loan.
In the process of pawn, we must read the terms of the contract carefully and make clear the rights and obligations of both parties. If in doubt, please consult the pawnshop in time. At the same time, make sure that your goods come from legal sources and guard against legal risks.