Pawnshop individuals can borrow money, but they must use physical assets as collateral, and the interest rate is generally 50%- 150% higher than the bank's loan interest rate for the same period.

Supplement: Since it is a pawn, as long as there is a physical mortgage, there is no need for a guarantor.

In the past, pawnbrokers-pawnbrokers-exchanged their physical objects for a certain amount of money. The physical value should be higher than the agreed loan amount, and it must be redeemed within the agreed time, that is, the loan and interest are repaid at maturity, and the physical object is regarded as death. Pawnshops have the right to sell real objects and recover the principal and interest of loans.