Terms & Conditions
Terms & Conditions
A late fee will be charged on overdue loans. If your pawn is over $25 a certified letter will be sent to you upon expiration of the pawn and you will incur a charge. The pawnbroker shall at the time of making the loan, deliver to the person pawing or pledging any article, a ticket containing an account and description of the article(s) pawned or pledged, the amount of money loaned theron, the time of the pledging the same, the rate of interest to be paid on such loan, and the name and residence of the person pawning or pledging each article, and no charge shall be made by the Pawnbroker for such ticket. SEE M.G.L. 140.S.78. Articles left in the pawn may be sold four months from the date of pawn. The proceeds of the sale shall be applied to pay the debt, and the expenses of the sale, and any surplus shall be paid to the party entitled thereto on demand. No articles above the value of $25.00 shall be sold except by public auction; SEE M.G.L. 140.S.71. No licensed pawnbroker shall make or receive any extra charge or fee for the storage, care, or safekeeping on any goods, article, or things pawned by him.There will be a $5.00 charge for lost pawn slips.