#london pawnbrokers

[calamity-calliope]

Johnathan Morholt Certsey casually strolling through the unimaginable horrors of the Coil with his stick and his glasses whilst whistling a jaunty lil Irish tune (his faith is strong and he knows the Dawn will protect him)

[schlock-luster-video]

On October 13, 1966, The Pawnbroker premiered in London, England.

[viric-dreams]

I'm going to be making a more expansive timeline for these guys eventually, but a quick recap of what Roberts and Nite have been up to since coming to London:

Roberts arrives in London, ready to slowly infiltrate the revolutionaries and work his way into a cell of liberationists, lead by January.

Shortly after arriving, he's kidnapped and experimented on by a group of scientist working out of Benthic College, trying to cure people who have been dawnpilled.

He manages to escape with some documents he'd grabbed but wakes up confused with only his alias, Nite, as his identification. Nite takes on the role of a revolutionary, unaware that it's not his identity, slowly climbing his way through their ranks.

Roberts, meanwhile, does not remember why he's in London. He busies himself with picking up some of the ties between Zelo's Town and London that have atrophied over the years and soon falls in with Beverley, trying to rebuild/searching for the missing dawnlight bomb.

Nite, meanwhile, has slowly become notorious in revolutionary circles and gained the attention of, and entrance to the liberationist circle, led by January. He learns of their plans for Liberation of Night and is caught up in their vision. In fact, he seems to have some ideas of his own, and they just might work. He just needs to do some research. It's around this point that he meets and begins a relationship with Jones. Jones never seems to mention what it is that he does for a living, and Nite feels in turn that it's not the time to mention his involvement in the Liberation of Night.

Whilst Roberts and Beverley seem to be initially working well together, Roberts' constant disappearances and inconsistency leave a dent in their relationship. Moreover, rumours of a man of a similar description making waves with the revs triggers Beverley's suspicions. Nonetheless, Beverley does eventually come to Roberts with rumours he's heard of a Benthic laboratory conducting experiments with dawnlight and the potential dangerous consequences for the New Sequence. Roberts investigates, and eventually decides to send the Pawnbroker to eliminate the researchers (entirely unaware of his own personal connection to any of this). Beverley, who had hoped for the okay to test out a new explosive, was not happy with this decision. The Pawnbroker proceeds with the assassinations, setting fire to the laboratory and destroying their work for good measure.

Nite continues his research in how to develop a more effective set of bombs to kick start the LoN. In pursuit of this, he befriends Myfanwy, a researcher specialising in the Correspondence. Shortly into their acquaintance, she comes to him, distraught. A laboratory at the college appears to have been burnt, and several of her colleagues were dead. The official university line is that it was an accident involving the Correspondence, but she knows from a cursory glance that this doesn't add up. She asks Nite to accompany her to the lab at night as backup, so she can do some investigating for herself. Whilst sifting through the burnt rubble, he discovers some documents that enable him to make the connection between himself and the group's last subject. This is information that he chooses not to reveal to Myfanwy.

Nite does go to Jones, however. He reveals to Jones his memory problems, missing time, flashes of memories that feel as if they belong to someone else or maybe a past life, and that he may have been under the Dawn Machine's influence. He's not even certain that Nite is his real name. Jones is unfazed by all of this, and simply draws him in closer, comforting him. They will find a way to sort through this together.

Having been passed up for the job and a chance to test his inventions, Beverley attempts to blackmail Roberts with the knowledge of his degrading mental health, in an effort to be allowed to test his bombs. This fails, leading to Beverley’s temporary death via blunt force object. Before Roberts could ensure his permanent death via cement fluke-baited shoes, however, Nite regains consciousness and flees the scene, abandoning Beverley's corpse. Beverley later bombs Roberts' lodgings in retaliation, leading to them both being presumed MIA.

Work with January has not been going well. She seems to be keeping Nite at a distance, playing him off of two other revolutionaries in her inner circle. He doubles down on his work to try to progress their goals. Meanwhile, he's actively aware of the time he's missing, and that there may be someone running around with his face doing lord knows what. He needs to learn more about his alter ego. He goes to Jones with a plan--Jones should try to find him in his missing time and try to pick him up, just as he had the first time. Jones could get information out of him and what he's up to.

Roberts is not doing well. He's exhausted, his lodgings were blown up, Beverley is in the wind. His latest reports to the Commodore have gone unanswered. The missing time has been getting worse, and he's been getting flashes of strange memories and emotions. He needs a break. Some form of stress relief. Time to haunt some of the local nightlife.

[refundwhereappliccable]

ive been designing stuff for my oc and since shes a detective i originally gave her a more tan cloak thing but got jumpscared by a london bobby in the pawnbrokers when i was playing today and went "hey wait she'd probably have one of those cloaks" and here we are

(by the way i take art requests i love drawing stuff for people)

[travelling-my-little-pony]

October is a month when Blossomforth goes to look at ghost signs!

Ghost signs (or ghost adverts) are old signs, often hand painted, on buildings. The products they are advertising often don’t exist any more.

This pawnbroker advert is in Walthamstow, in London, England.

[calamity-calliope]

Mr. J. M. Certsey, pawnbroker, just going about his *ahem* business while be prepares to beat the hell out of a mythic giant bat moster, because my man has bills to pay, dammit.

Bag a Legend players, give me your OCs

[calamity-calliope]

(Hopping on this trend)

The Pawnbroker, it seems, has chanced to leave the door to his shop unlocked. A foolish move, really. The whole place is cluttered... Very cluttered. There's so much you could snag.

[crackednailsandsplitends]

5 Reasons To Choose a Pawnbroker For Quick Cash In London

Although pawnbroking has existed for thousands of years, it has only recently gained recognition. This is because many people weren't sure what it meant or how it worked. A Pawnbroker is an established individual or entity that offers money as a loan in exchange for an item's value. The pawnbroker will keep hold of the item until you repay the loan or sell off the item to retrieve the amount if you fail to repay.

However, over the past couple of years, pawnbrokers' reputations have evolved greatly. Today, they are more professional and accessible than ever. As a result, more and more people are interested in pawn loans as a method of short-term borrowing. 

When used appropriately, Pawnbroking can offer numerous benefits, especially to people who are looking to get hold of quick cash. If you're new to pawnbroking loans and want to know how it can benefit you, this blog is for you.

5 Key Benefits Of Using Pawnbroking Loans For Quick Funds

1.    Get Instant Cash

The speed of the process makes using a pawnbroker one of the best ways to secure fast cash. Unlike other loan types that typically require a couple of weeks for approval, a pawn loan ensures you access funds immediately. All you need is collateral for the loan, and the pawnbroker will assess it to give you cash on the spot. It's an easy and convenient same-day transaction.

2.    No Credit Checks

As pawnshops don't require credit checks, it is the best way to secure funds for people with bad credit history. Banks or other financial institutions carry out a credit check before loan approval. On the other hand, a pawnbroker won't bother to ask or check. You will get the money quickly and conveniently, regardless of your creditworthiness.

3.    Fully Regulated

Contrary to popular belief, pawn loans from reputable pawnbrokers operating in London or anywhere in the UK are fully regulated. The reputed pawnbrokers follow strict guidelines and ensure customers are treated fairly at all points. They abide by strict laws and regulations to protect the borrower's valuable items. You can rest assured that your valuables will be entirely safe and secure while they are in their possession during the short-term loan period.  

4.    Flexible Repayment Option

Pawnshops provide flexibility when it comes to repaying the loan. They typically offer short-term loans for a few weeks and months, and you have the choice of repaying the loan along with the accrued interest anytime between the loan tenure to claim your item back. You can also choose to extend the loan period if needed. This way, you can effectively manage your finances and ensure prompt repayment. The best part is that if you fail to repay the loan, you won't have debt collectors chasing you, and it won't even impact your credit rating.

5.    Convenient

One of the main reasons why pawnbrokers in London are gaining so much popularity is convenience. Pawnshops offers a cash-based solution that does not require a bank account or lengthy paperwork or documentation. This method is advantageous if you want to avoid the lengthy procedures of conventional financial institutions. You only need valid proof of identification to pawn your item and get cash.

Some Other Benefits:

Obtain multiple loans at once

Sometimes, you want to pawn more than one item to secure more cash. Reputable pawnbrokers in London usually allow you to take a loan against more than one item at a time, as per your need. Also, you can use the same item as collateral as many times as you want.

No Long-Term Commitment

Traditional lending institutions, such as banks and other organisations, typically demand long-term commitments, leaving you tied to lengthy repayment plans that can cause added stress. In contrast, taking a loan from pawnbrokers in London comes without long-term obligations, offering short-term loans designed to meet your immediate cash needs efficiently.

Friendly Service

Most pawnbrokers in London provide friendly, personalised service when you borrow cash from them. They understand your situation while taking a loan and try to make the process simple and hassle-free to ensure complete peace of mind.

CONCLUSION

Recently, pawnbrokers have carved a niche for themselves and become a go-to option for securing quick funds. They provide a safe environment, friendly service, and top loan value without impacting the borrower's credit score. So, it's clear that pawnbrokers offer more than just one benefit.

For those looking for quick cash in London or anywhere in the UK, pawnbrokers provide several advantages that conventional lending options fail to acknowledge. Therefore, consider the benefits of borrowing money from pawnbrokers in London and use your valuable assets to meet your urgent financial needs.

[calamity-calliope]

Certsey does enjoy the holidays when they roll around. He participates in a number of zailors' festivals, New Sequence ceremonies, etc. He's not necessarily a party animal, and he participates a normal amount (which I don't rightly know what a "normal amount" is???) Though there's two things about the holidays he really dreads.

One being Estival, because things always seem to go horribly wrong around Estival time.

The other is when Mr. Sacks comes to visit. Mr. Sacks gives him the creeps.

He loves the Fruits of the Zee festival. That's when he gets to celebrate and share stories with all his zailor friends, and it's a time when the zee is celebrated more than is is feared.

Tbh the big appeal of holidays to him is the camaraderie, the feelings of joy. He likes being with people, and holidays are probably the best way to make that happen.

hows everyone doing today? i want to hear about other peoples ocs but i couldnt think of a good oc prompt question lol. ummmm how do your characters celebrate holidays, neathy or otherwise? do they go hard, or do they not care that much? do they have a favorite holiday?

[webuydiamonduk]

Best Place to Sell Loose Diamonds for Most Cash London, UK

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Selling loose diamonds for the best price can be a daunting process, as it requires finding a professional who can offer the most accurate market value. Offering your diamonds to pawnbrokers or independent jewellery retailers often results in significant losses, as they may not fully understand the genuine value of the stones in the secondary diamond market. As the best place to sell loose diamonds, We Buy Diamond offers you the most attractive price quickly and reliably. With us, you can receive instant offers on GIA-certified diamonds, ensuring a fast and trustworthy transaction.

[torturingpeople]

Sinking Ship

Wordcount: 1.9k words Featuring: Edison Hollingsworth, Lionel L. Sotheby Other info: do they like or hate each other, there is Drama, little hints at what their relationship is actually like, set in Lionel’s string instrument store (because I need to make his luthier title relevant LOL)

LL Sotheby & Co.’s is always rather quiet. After all, it is no Nikolas Pawnbrokers or Dauncey’s. But Edison does not stand for silence and Lionel stands just about as much for his antics.

There was a high-pitched ding, followed by a few more subtle rings, fading into silence once Edison pushed the door open fully. The bell stilled, and the luthier behind the desk lifted his head from polishing a violin, beginning his customary greeting. Once Edison let the door go, the bell jingled again, mixing in with the door slam.

‘Welcome to LL Sotheby & Co., London’s finest lu—’

‘It is just me, Lionel, no need to commit to your store-clerk spiel,’ Edison waved his hand dismissively in the man’s direction, sauntering into the store with clicking steps.

Upon taking the man in properly, Lionel raised an eyebrow, then both, and eventually his expression settled into something erring on the side of concern. ‘It is… The choice you have made to come here is not… ideal, on account of my current reputation, but… it is no matter.’ He gave a disgruntled hum, and the volume of his speech lowered in turn. ‘I should pay a visit to the tomb-colonies, or the church, sooner or later, anyway. Whichever comes first.’ Lionel began to sheathe his violin into a plush, velvet case, drawing a cloth over its smooth, amber wood before closing the case and exchanging it for a viola to clean. ‘What can I do for you?’

‘I told you, I am not a client.’ Edison placed his hands firmly on each hip, his countenance unimpressed. 

Lionel did not lift his eyes from the viola, unbothered. ‘You are in a store; I am at work; ergo, you are a customer. I do not wish to behave unprofessionally at my workplace, if that is what you are implying, Mr. Hollingsworth.’

‘Can I not be in your company now, without it being inexplicably tied to — oh — the scandal, the humanity, the horror of being anywhere near me?’ Edison’s expression, for a fraction of a second, softened with disappointment, but did not hesitate to crystallise with bristling irritation. ‘Truly, is it so awful that I am in your presence?’

‘No, prince — if anything, it is pleasant — but I am merely experiencing a recent bout of scandal, and if we consider scandal to be… a boat, let us say,’ he flicked his gaze up, ‘you could capsize me by blinking, dear.’ Lionel clarified, shaking his head as he withdrew a block of rosin, drawing it gently over the bow hairs. He smiled calmly at the tiny hums they let off, taking caution in caring for the instrument meticulously.

Giving a small huff at the evidently misdirected, Edison began to wander around the small store, dipping into rooms and observing each string instrument curiously. Some were hung on hooks bolted to the teal green walls, whereas others were gently organised on stands. The most ornate and intricate instruments sat on display in the bay-windows, to hopefully entrance any passers-by into entering the store or purchasing one. Edison didn’t even want to think about the obscene prices they might harbour, instead returning to the front of the store and perching himself on the counter, a hooked finger tempting a pull of the bow strings.

Lionel did not hesitate to slap him away, giving him a stern look while pointing a finger at his chest. ‘No. Do not touch the instruments.’

‘Pay some mind to me, and perhaps I will keep my hands to myself,’ Edison retorted in  a stroppy huff.

Pinching the bridge of his nose, Lionel leaned against the counter. ‘Are you three years old?’

‘Thirty-three, as a matter of fact.’ 

‘You act instead as if you have just left primary school.’ 

‘You cannot even meet my eye,’ Edison’s tone shifted from annoyance to desperation. There was something unsaid lingering on his tongue, threatening to leap off, but he swallowed it down and kept his gaze somewhere to the floor. ‘Fine. If I depart now, will you at least leave me a kiss upon my lips?’

There was a long pause. Lionel placed down the wad of rosin, closed his eyes to breathe deeply, and pressed his forehead into his now empty palm. Frustration. Then processing time. He weighed up his options carefully — risk exile, or risk Edison traipsing off to God knows where to get his fill. The sensible choice became obvious rather quickly. ‘You can stay, but do not be a nuisance. I am working and we are in public. Heaven forfend anyone sees you in here… you are lucky Thursday tends to be quiet.’

Edison rolled his eyes, leaning over the desk and making gestures to the empty rooms inside of the store, and the empty street outside of the store. ‘Yes, because I am sure you are the Neath’s busiest shop to ever be in business. Just look at how many people are in here. There is a queue outside waiting for you already.’ 

Lionel almost gave into the urge to look up but caught onto Edison’s deadpan tone, instead giving a low, disgruntled hum. He pulled out a stool from under the desk, placed it opposite, then gestured toward it in an offering manner, for the man at his side. ‘Here. Sit.’ His voice hardened. ‘And stop acting like a three-year-old boy.’

Sauntering over to the stool, Edison placed himself onto it, swinging his legs around its legs and carefully leaning forward. There was a long and taut silence, only broken by the imperceptible hum of rosin being drawn along strings, the soft and discordant harmonies overshadowed by even the lightest chatter outside. And everything was rather calm in the store — almost like a sanctuary of sorts, despite the light, noxious hint of tension thickening the atmosphere with its subtle poison. Neither Lionel nor Edison were choking on it. Yet.

‘‘You have a nice store here,’ he mumbled, gazing around the mint walls furnished with lutes and harps and violins and the like. ‘Perhaps I will write a poem about it… “rows upon rows of violins and cellos”... what do you think, dear?’

‘Very nice, my prince,’ murmured Lionel in response, his attention more honed in on tending to the strings of the violin.

Raising an eyebrow, Edison folded his arms. ‘What was the line?’ He forced his inflection to rise with fabricated curiosity.

‘Have you forgotten already?’ Lionel even had the audacity to return the question in a sarcastic tone. However, upon actually looking up and seeing the man’s frankly rather deadpan stare, his eyes widened in a caught fashion. He began to twirl a strand of hair around his finger with a palpable guilt. ‘Ah.’ 

Edison’s arms looped around each other tighter. ‘It seems it is you who has forgotten already.’

‘Well, forgive me for being at work. Next time I shall schedule myself to conform to your exact whim and desire.’ Lionel riposted with a wry smile. He then placed the block of rosin in its container.

And then there was another long, witless pause. Neither gentleman spoke a word but the silence was by no means comfortable. They both had something resting on their lips, on their tongues, in their throats, waiting to come out. Something lovely or vile; something raw. But, chained to standard and politeness neither spoke. But the air was becoming more and more suffocating.

Edison suffered in the quiet. He had never been a man able to deal with long pauses. He had half a mind to speak into existence whatever was roaming on his tongue, desperate for some kind of mental stimulation, positive attention, negative attention, literally anything that might signify Lionel felt more than just annoyance. That was all he wanted. To be something other than annoying. So he was willing to be silent if it made him bearable to be around. 

Lionel, however, was not willing to asphyxiate any longer. ‘Why are you acting like this?’

With a twitch of his eyebrows, Edison gave a huff. So much for staying quiet. If anything, he shouldn’t have gratified the question with a response. ‘Even when I am deathly silent, you—’

‘You know what I speak in reference to.’

Edison felt his face become hot beneath its surface. A pink tint was most definitely weaving itself into the peachier tones. His words, laying dormant in his cheeks, began to bundle up with the urge to come out, with no regard to coherence. But most of all, he felt caught. ‘Is it a crime that I want your attention?’

‘I am working.’ The word came out of Lionel’s mouth like a freshly-sharpened poniard. ‘You are bothering me while I am at work. I am trying to finish a task. And, as per usual,’ he gave a loose gesture to Edison, ‘you are being a nuisance.’

‘As per usual?’ Edison scoffed, holding himself in offence. ‘So that is all I am to you? A nuisance? A bother?’

‘It appears you can hear perfectly.’ Lionel dug around in the pocket of his waistcoat, pulling out a few rings and a pendant, dropping them onto the counter between them. ‘If I give you these, will you — for lack of a better description — get lost?’

Blinking in genuine and utter shock, Edison nearly reached forward for the jewels and gold, his hand clenching between himself and the desk. ‘Every time, I glean the inkling you may care about me.’

‘Then you are a fool.’ Lionel responded quickly.

‘No, Lord Sotheby, it is you who plays the fool. Because you cannot understand love, when it comes to visit you, or when it holds your hand, or when it asks you to dinner. All you do is shut me down, when all I want is to—’ 

‘I understand love perfectly well, Mr. Hollingsworth.’ Lionel interrupted and stood from the counter, placing the fresh violin into the rack, like a puzzle-piece settling to form a full image. He tilted his head back, a ripple in his deep black hair following. ‘Hence why you are the fool; I am not in love with you.’

‘How — how can you say that, when—’

‘These gifts mean nothing to me, if that is what you wish to be your evidence,’ Lionel returned to the counter, his finger pointing to the jewels still upon it. ‘It would do you well to take them. Pawn them off and spruce up the… hovel you live in.’ As if he had not just deeply wounded Edison, he gave a falsely sweet smile.

Edison took the jewellery, finally, in a tight grip. ‘Of course. You give me your stolen shit, as usual, because I am not worth anything more to you than pickpocketed goods.’

Lionel raised an eyebrow. ‘Precisely.’

A dejected shock washed over Edison. He might have been half-convinced Lionel was lying to get on his nerves. ‘You do not deserve my heart.’

‘By all means,’ Lionel managed a laugh, ‘take it out of my open hand, Mr. Hollingsworth. You dropped it into my palm and expected me to want it. That is not how love works — that is reckless desperation.’ He leaned over the counter, nearing Edison with something dangerous playing on his words. Something so painfully alluring, like the thorn of a rose. ‘So, remind me, who is the fool again?’

 Edison shook his head and tried to form words as his jewellery-clutching hand slipped into his pocket, loosening the goods into it. He then thought, instead of answering his questions, about how many times Lionel had tried to shoo him off. And perhaps it was better for him to just leave, anyway. The jingle of the bell above the door signified his leave.

AUTHOR'S COMMENTS:

i am yet to find an accurate description for their relationship. maybe situationship? maybe odd threeway polyrelationship with the mc? just straight up Weird? we will never know. it’s too nuanced for me to not write 20 paragraphs about

[markfisherimages]

Pawnbrokers Exchange Matches Phase

• American Photographer Mark Fisher •

Promotional Match Pack Cinderella

A Company That Used An Item For Advertising.

A Tool Employed To Bring More Traffic,

In The 1940's Period. Common Place at The Time.

This Process Of Awareness Continues, Today.

Over And Out

∆

Captured Under Existing Light.

Modified For Web Presentation.

The Details Were Switched

Around For Production

Slice And Dice Method Used

To Put This Final Direction Together.

Changing The Appearance,   

Of The Original Display Image.

With Adjustments Of The

Key Values.

Mastered For Sizing And Shaping.

To Fit The Platform.

Working The Approach Of The Design.

Pushing The Core Plain,

Using Developed Creative Techniques,

Controlling The Placement

And Linear Arrangement.

Completing The Essay Form

While Placing The Assets In Order,

Worked Incidental Detail Processing

To Construct The Lay Out.

Through Photo Graphic Engineering.

Assembling The Structured Appearance

Within The Cell Frame Field.

Maneuvering The Created Elements,

To Complete The Visual Result.

During Post Lab In New York City.

   •

Just Be Creative™

•

No Second Usage Without Permission

• All Rights Reserved • 

Talent Used In The Web Post All Have Management. 

Removal Of The Image, 

Scripting Implant, 

Or Tampering With Blog May Violate U.S. Laws.

Photographer Mark Fisher™ Is 

A Well Accomplished Published Photographer 

In Beauty, Fashion, and Music Photography. 

New York City 

Based Image And Filmmaker

Has A Worldwide Following. 

Is A Member Of The Press. 

There Is Fan Page On Facebook.

 Mark Fisher American Photographer 

∆

  Commissions Accepted Through Contract

• New York • • Paris • • Milan • • London • 

  Private Client Request Accepted. 

Website www.americanphotographernyc1.com

For More Info Contact 

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Contact Also

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Thank You  

•

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•

[olko71]

New Post has been published on All about business online

New Post has been published on https://yaroreviews.info/2023/10/i-pawned-my-wedding-rings-for-200-to-pay-my-bills

'I pawned my wedding rings for £200 to pay my bills'

By Charlotte McDonald

Business reporter, BBC News

“These are my precious possessions that I’ve had to pawn because there’s no help, there’s no support.”

Clare Adams is one of a rising number of people taking out loans against things they own to pay the bills.

Over the last year there has been a 25% increase in the number of new loans from pawnbrokers, according to figures from the Financial Conduct Authority.

Debt Charity StepChange said the data “speaks to the scale of the cost-of-living crisis as people get desperate”.

Pawnbroking will “likely only worsen, rather than alleviate, peoples’ financial position in the long run,” warned the charity’s director of external affairs, Richard Lane.

But since a government clampdown on payday lenders, pawnbrokers are the only route for some people to get the money they need fast.

‘This is the only way I can survive’

We met Mrs Adams at Pickwick Jewellers & Pawnbrokers in South East London where she told us she felt she had no choice but to pawn her wedding, eternity and engagement rings which “mean the world” to her.

“They’ve offered me £200 so I can pay for my gas and electric and my food shopping,” she said.

She told the BBC she had previously pawned two chains and two bracelets due to rising prices.

“The cost of living is the main thing,” she said. “I can’t afford to get food, some days I don’t have anything in the house whatsoever, it’s getting really, really tough.”

‘We use pawnbrokers to be able to pay for food’

Mrs Adams described pawnbrokers as her “lifeline”. She said they provided a quick and easy way to get the money she needed. “If I got a loan out I’d be further and further in debt and I’d be back to square one again,” she said.

Nathan Finch, managing director of the pawnbroker we visited, said he had seen an uplift in business due to the cost of living crisis and inflation. “It’s interesting that it’s something that’s not affecting one class, we are seeing it from people who are very rich to less so,” he said.

New figures from the Financial Conduct Authority (FCA) showed £440m was loaned out to customers pawning goods in the year to June, compared with £351m the previous year.

A spokesperson said: “As people continue to face financial challenges due to the ongoing cost of living squeeze, pawnbroking may be a useful product for some to turn to.”

But they added that the FCA was working to “raise standards in the high cost credit industry, including in pawnbroking, and we’re holding firms to account for meeting them.”

How does pawnbroking work?

Customer “pledges” an item, such as a gold ring for a set period of time, usually six months

Pawnbroker gives 50% to 60% of the item’s value as a cash loan

Customer pays 7% to 8% interest every month

An item can be redeemed during the loan period by paying back the original loan and any interest up to that point

If the customer cannot repay the loan at the end of the deal the pawnbroker sells the item and returns any surplus to the customer

More information is available from the National Pawnbrokers Association. Consumer advice on pawnbroking is available from Citizens Advice and the Money and Pensions Service.

A 2022 report suggested more than 350,000 people turned to pawnbrokers for money each year.

The National Pawnbrokers Association (NPA) said it was the only option for some people who could not get a bank loan – other than loan sharks.

But critics have said the high interest rates and low prices offered for goods mean they’re not the best option.

‘I’m left with £20 for four weeks’

Geoffrey Simmons began pawning his items six years ago “just to fill the freezer”.

Since then he has turned in around 40 items ranging from £12 to £900. He said he has had to pawn “nearly everything” to be financially stable.

Mr Simmons, who is on state pension, says after paying his bills he is left with just £20 to last him four weeks and describes pawnbrokers as a “godsend” for people his age.

Despite consistently retrieving his items before the cancellation date, he is hesitant to pursue another credit card application after previously being denied.

“I know full well I’ve got jewellery indoors that if I need to pawn, these people will help me out.”

Additional reporting by Jemma Dempsey.

Related Topics

Money

Personal finance

Cost of living

More on this story

‘My tears over pawned jewellery’

17 September 2019

‘We use pawnbrokers to be able to pay for food’

14 May 2022

[sellyourdiamond]

What is the Best Way to Sell a Diamond?

Selling your precious diamond should be safe, legal, and conscious. Proper guidance from a professional Pawnshop or Pawnbrokers can give you the secure result in selling diamond safely.