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Chapter 32 Pawn trading, time-honored brands play new tricks of wealth (1)
Approaching pawns: Introduction to pawn knowledge

The so-called pawn means that the pawnbroker pledges or mortgages its movable property and property rights to the pawnshop, pays a certain percentage of fees, obtains the pawn, and pays the pawn interest, repays the pawn, and redeems the pawn within the agreed time limit. the behavior of.In layman's terms, a pawn is a way of using property as a pledge to obtain paid and fixed-term loan financing.This is a financing method of exchanging goods for money. As long as the customer repays the principal within the agreed time and pays a certain comprehensive service fee (including storage fees, insurance premiums, interest, etc.) for the pawns, the pawns can be redeemed.

Compared with bank loans, pawn loans are more flexible and diverse in terms of business methods. In principle, valuable items or property rights can be pawned; pawn loan procedures are simple and fast, generally ranging from a few minutes to as long as three to five days; Different, pawn loans are mostly used for emergency, and bank loans are mostly used for production or consumption; pawns generally have a short period of time, the shortest is 5 days (if less than 5 days are calculated as 5 days), the longest is 6 months; pawns are generally charged in addition to pawn interest , and also charge a comprehensive fee according to a certain percentage of pawn.

Regarding what can be pawned, the pawnbroker believes that in principle, as long as the source is legal, the property rights are clear, and the valuable items or property rights that can be dredged according to law can be pawned, but the specific business carried out by different pawn shops is different. Generally speaking, real estate, stocks, Corporate bonds, large deposit certificates, vehicles, gold and silver ornaments, jewelry and diamonds, electronic products, clocks, cameras, bulk materials, etc. can all be pawned.Unlike the old pawnshops that people usually imagine, modern pawnshops generally do not accept old clothes.Usually, living creatures are also not pawned.

Pawning is a financing behavior that needs to be paid for.Pawnbrokers generally charge a comprehensive fee and interest on the pawn.According to the relevant provisions of my country's pawnshop management measures, the monthly comprehensive fee rate for pledge pawns shall not exceed 45% of the pawn, and the monthly comprehensive fee rate for real estate mortgage pawns shall not exceed 30% of the pawn. Generally, the bank loan interest rate over the same period shall be increased by 30%.The specific fee and interest standards will vary according to different pawnshops and different types of business. Customers should refer to the announcement of the pawnshop.

The basic process of pawning can be simply summarized into three sections: delivery, collection, and deposit. The specific operating procedures are as follows:

(1) When the household presents a valid certificate to deliver the pawn.

(2) The pawnshop accepts the pawn for identification.

(3) The two parties agree on the evaluation price, pawn amount and pawn period and confirm the legal interest rate standard.

(4) Both parties jointly check and seal the pawns and keep them in the pawnshop.

(5) The pawnshop issues a pawn ticket to the pawnbroker and distributes the pawn money.

It should be noted that the documents and procedures required for different pawn businesses are different:

(1) Civil goods: the original ID card, with an invoice is the best, and the current price can be increased appropriately.Including gold and silver jewelry, jewelry diamonds, electronic products, clocks, cameras, etc.

(2) Real estate: ID card of the head of household, household registration book, house ownership certificate, land use certificate, etc., and the real estate needs to be inspected on the spot.

(3) Stocks: My ID card, Shenzhen and Shanghai shareholder account card, generally need to sign a contract for monitoring.

(4) Vehicles: personal ID cards, car-related documents.

(5) Materials: personal ID card, relevant property certificates.

According to the relevant provisions of the Pawn Shop Management Measures, after the expiration of the pawn period or the expiration of the renewal period, the pawn should redeem or renew the pawn within 5 days.After pawning, if the appraised value of the pawned property is less than 3 yuan, the pawnbroker can sell it off or discount it at its own discretion, and the profit and loss will be borne by itself; , or the two parties agree in advance that the pawnbroker entrusts the auction house with a public auction after the pawnbroker agrees in advance.After deducting the auction fee and pawn principal and interest from the auction income, the remaining part shall be returned to the account holder, and the insufficient part shall be recourse to the account holder.

Pawn investment is different from other investment activities. It has its own unique characteristics and regulations. If you understand the relevant knowledge and procedures of pawn in advance, you can be prepared and engage in pawn transactions smoothly.

Using Pawn Skillfully to Serve Yourself
When some people mention pawnshops, they will think of the big word "Dang" in the movie, and the treacherous pawnshop shopkeeper, thinking that pawnshops are far away from their lives.In fact, today's pawn has become a new fashion for financing and financial management.

[-]. Go to a pawnshop to shop for treasures
As we all know, there are many rare items in pawnshops, and pawnshops will sell them at a small profit on the basis of the loan amount, and the "treasure" we are looking for is in it.Home appliances, watches, jewelry, computers, antiques, etc. are sold in many pawnshops, where you can search for your favorite items to your heart's content.According to regulations, pawnbrokers can dispose of absolutely pawned items below 3 yuan by themselves, while those above 3 yuan need to be disposed of through auction or other legal procedures.Generally speaking, the sale price of pawn shops is about [-]% lower than the price in other markets, and when the pawn shop collects the goods, the inspector has already done a detailed inspection of the goods, so there is no need to worry about buying fake products.Moreover, the pawn shop has a high reputation, so even if there is a problem, there is no need to worry that it cannot be solved.

Ms. Fan is a middle-level manager of a well-known company. She wears bright and beautiful clothes on weekdays and likes to wear all kinds of distinctive jewelry. But what most people don't expect is that the expensive jewelry she wears is relatively cheap. Bought, its unique secret is to patronize pawnshops. "When I go to a pawn shop, it's like going to a shopping mall. I can find all kinds of fine items I like there, and sometimes I only need to pay a small fee. My most proud "Taobao" harvest is a piece of diamond inlaid The market price of a gemstone pendant is at least tens of thousands of yuan, but when I bought it at a pawnshop, it only cost 60 yuan." Ms. Fan said.

[-]. Use the pawn shop as a safe
There is no underground garage in Mr. Zhang’s community. His car can only be stored downstairs. Whenever he goes on a business trip, he will worry about the safety of the car. In addition, the car has been left outside for a long time, and the maintenance cannot keep up. If you touch it, the loss is not small.Later, he accidentally discovered the trick of using pawns skillfully, and decided to put the car in a pawn shop, and only pay a small fee, so he can go on a business trip with peace of mind.

[-]. Let the pawn act as your treasurer

Uncle Lei has a jade bowl in his home. I don't know when it was handed down and how much it is worth.If you take this jade bowl to a professional appraiser for appraisal, it will be charged proportionally according to its final value. If you get it from a pawn shop, please ask the appraiser of the pawn shop to appraise it, and you only need to spend a fixed fee. And it can give a more accurate second-hand market price on the spot, which is impossible for general professional appraisal agencies.

[-]. Borrow travel expenses from pawnshops

Mr. Dong and his wife signed up for a tour group to Australia, and the travel agency proposed to pay a deposit of 20 yuan.He didn't have so much cash at hand for a while, and when he was worrying, he saw news about the "outbound tourism financing treasure" business in the newspaper. "Just bring your own car, real estate certificate, securities, gold and silver jewelry, antiques Calligraphy and painting and other valuables and certificates, you can go to the pawnshop to go through the pawn financing loan procedures.”Therefore, Mr. Dong pawned his private car, got a sum of money, and happily traveled to Australia with his wife.

At the same time, since they hired a babysitter at home, and Mr. Dong and his wife traveled abroad for a long time, it happened that the "Travel Financing Treasure" business also provided an incidental service - free travel storage business for customers, so they stored the valuables at home in the In the vault of the pawn shop.After returning to China, Mr. and Mrs. Dong drove back to the car and retrieved the valuables, feeling relaxed and at ease.

With the growing prosperity of the pawn industry, the pawn shop is also expanding its business scope. Knowing the various new regulations of the pawn shop and using the pawn shop skillfully for your own use will allow you to enjoy comprehensive services and more benefits from the pawn shop. Affordable.

Learn some tips, pawn more affordable

When it comes to pawn shops, many people may feel unfamiliar, but when it comes to pawn shops, everyone knows. "Taking advantage of people's danger and exploiting usury" is people's basic understanding of the old pawnshops. Although the current pawnshops are qualitatively different from the old pawnshops in terms of form and business content, there are still many people who have obstacles and are unwilling. It is easy to set foot in the pawn shop.

According to a survey, 48% of residents turn to pawnshops because of the high threshold of bank credit, difficulty in obtaining financing from them, and complicated procedures; 16% of people think that it is because of the wide range of collateral items; 16% of people think that it is because of the low handling fee, which is a kind of A more cost-effective financing method.Another 12% are because of the flexibility and convenience of pawning.In short, pawnshops have become a good helper for people to deal with small-sum financing and working capital. Compared with bank mortgage loans, they have played a role in supplementing and filling in gaps.

Pawning also has certain tricks. When you understand the tricks of pawning, your psychological barriers to pawnshops may be easily solved.

[-]. The pawn must meet the conditions
It is not a thing that can be pawned, but must be the means of production and living that the pawner has the right to dispose of, can preserve and can transfer, such as houses, cars, business equipment, products, means of transportation, personal gold and silver jewelry and other items with high liquidity.When pawning, personal gold and silver jewelry must be accompanied by personal identity certificates, and other items must also have invoices; business licenses and property rights certificates of the parties should be submitted for corporate properties.

[-]. Pawning is not selling

Pawning is not equal to selling, and pawning gold is not equal to the real value.As a financial institution, pawn shops mainly handle short-term loans based on movable property, real property, and right pledge (mortgage).The pawn is generally 50%~80% of the secondary circulation price of the item. The secondary circulation price is not the original price of the commodity, which is lower than the real value. The pawn is less and the repayment is less, so the pawnbroker does not suffer.

[-]. The higher the gold, the better

(End of this chapter)