generally speaking, the operation procedures of pawn shops for mortgage loans are indeed simpler than those of banks, and the requirements for collateral are not as high as those of banks, and the speed of liquidation is also faster than that of banks. For example, it usually takes about one month for banks to apply for real estate mortgage loans, but pawn shops can withdraw cash immediately after confirming the property, which usually takes one day, but in terms of interest, the interest of pawn shops will be much higher than that of banks. Therefore, pawn loans are more suitable for the short-term emergency needs.