Key West Pawn Shops The Southernmost Pawn Shop Inc Pawn Jewelry
What is A renewal?
If you have a pawn loan with The Southernmost Pawn Shop and are unable to pay back your loan in full on its due date, you may get a renewal. With a renewal, you pay the interest that has accrued on your loan in full, and a new loan is written. The principal loan amount remains the same, as does the interest rate, but the due date is reset for the full loan term.