Consignment bank, which used to be a special administrative examination and approval industry, is the same as hotel industry and printing industry. However, with the needs of social development, the consignment bank cancelled the special administrative examination and approval procedures in previous years. The state's supervision of the consignment industry is also relatively loose. In addition, "consignment bank" is not a disguised formulation of "pawnshop", and there are essential differences between them. Consignment: The consignor entrusts the consignment bank to sell the goods on his behalf, and both parties sign relevant service agreements. According to the agreement, the consignment bank has no ownership of the goods, only the right to operate the goods during the consignment period, that is, the ownership of the goods has not been transferred. The consignment bank only charges a certain amount of service fee after the goods are sold. No buyout, no on-site lending. Pawn: the owner mortgages the goods to the pawnshop and gets a certain amount of pawn money on the spot.

During the pawn period, the ownership and management of the goods were transferred from the original owner to the pawn shop. There is no uniform standard for the interest charged by each consignment bank, and the maximum monthly interest is 20% and the minimum is 5%. Consignment banks can operate after registration in the industrial and commercial departments, and there is no pre-approval, so consignment banks cannot carry out mortgage loans for gold, silver and jewelry. Consignment banks have gradually emerged, which has had different degrees of influence on pawn shops. On average, pawn shops reduce mortgage interest on large items such as real estate and automobiles by about 20%, and the monthly interest ranges from 5% to 20%. There is no uniform standard for the interest charged by each consignment bank, and the maximum monthly interest is 20% and the minimum is 5%. Consignment banks can operate after registration in the industrial and commercial departments, and there is no pre-approval, so consignment banks cannot carry out mortgage loans for gold, silver and jewelry. Since June last year, consignment banks have gradually emerged, which has had different degrees of influence on all kinds of pawn shops. On average, the pawnshop business reduced the mortgage interest of large items such as real estate and automobiles by about 20%, and the monthly interest ranged from 5% to 20%. At the time of registration, the consignment bank can directly register with the industrial and commercial office under its jurisdiction. Please refer to the Detailed Rules for the Administration of Individual Industrial and Commercial Households for the information required for registration. If you fail to register, you need to provide a written explanation and relevant legal documents for failing to register in the industrial and commercial office. No is an infringement on the legitimate rights and interests of the parties.