Living in Minnesota has many advantages – beautiful scenery, many outdoor activities and a wonderful summer climate. But then there is winter – a welcomed season for skiers and snowmobilers, but also a bear for managing snow, ice and the typical winter commute. It’s not unusual to get pummeled by a fast moving blizzard between the times you go to sleep and when you awaken, leaving your driveway and roads buried in snow. While an armada of snow plows sets out to clear the roads in the wee hours of the morning, you still have to unearth your vehicle and clear a path to that road.
If you need to borrow money quickly and without a credit check, the pawn/loan process can be very helpful. Bring in items of value as collateral to receive a pawn loan for an agreed amount, and then retrieve your item(s) upon repayment of the pawn amount within a specified period of time.
With the arrival of Spring, everyone is feeling that urge to get out of the house! After being snow and ice-bound for months thanks to our Minnesota weather, it’s time to feel warmth and sunshine and put away our snow shovels. With the new season come various activities that we can enjoy without being bundled up in a winter parka. Gardening, biking, fishing, golfing, working on outdoor projects, heading out to the range, boating or perhaps just taking a drive through the countryside with your windows open and the tunes rocking! Whatever the calling, we are just as excited about being done with winter as you are!
“Pawning” is a process in which you bring an item into the pawn shop in exchange for a cash loan. For example, you might pawn a gold ring as collateral for a $150 loan. If you repay the loan by a predetermined date, you can retrieve your gold ring. The loan repayment amount will include interest and fees that are typically regulated by the state. You also have the option to extend the repayment time frame, although this will incur continuing interest. If you fail to repay the money on time, the pawn shop takes ownership of the ring and can offer it for resale. A large percentage of pawned items are reclaimed by their owners, but some are forfeited and thus provide inventory for the pawn shop to sell. Pawn shops also purchase items outright to resell, which is another way to provide clients with the cash they need and to acquire inventory for the store.
Some things in the ‘general market of everything’ hold greater value and appeal than others. Technologies change, fads come and go, and styles evolve to reflect the consumers they target. There are also certain ‘fixed points’ in these markets – goods that are equally desirable, if not more so, at any given time.
Pawn Shops are treasure troves for gold, silver, coins and collectibles. If you’re searching the Minneapolis, Twin Cities or St. Paul area for awesome items, you might be in luck. While pawn shops are often home to scrap, guns and lesser-valued items, they’re awesome locations for rarities, oddities, and wonders. These items have either high monetary or novelty value.
Minnesota winters can be unpredictable, to say the least. They might creep up on us slowly, or they might start with a blizzard. There may be short-lived periods of temperate weather, only to be followed on by a stretch of sub-zero conditions. One thing is certain, the Twin Cities and surrounding areas are no stranger to snow and ice. If you are not prepared however, winter can be quite a bit tougher to get through.