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Pawnshops in Mexico: A Guide to Getting Cash When You Need It

When you need cash quickly, pawnshops can be a great option. In Mexico, pawnshops are a popular choice for people looking to get cash for their valuables. Here's everything you need to know about pawnshops in Mexico.

What are Pawnshops?

A pawnshop is a store where you can bring in items of value, such as jewelry, electronics, or musical instruments, and receive a loan based on the item's worth. The pawnshop holds onto the item until you repay the loan plus interest. If you don't repay the loan, the pawnshop can sell the item to recoup their costs.

How Do Pawnshops Work in Mexico?

In Mexico, pawnshops are regulated by the National Commission for the Protection and Defense of Users of Financial Services (CONDUSEF). Pawnshops in Mexico are required to provide a contract that outlines the terms of the loan, including the interest rate and the length of the loan. The interest rate is capped at 3% per month.

To get a loan from a pawnshop in Mexico, you'll need to bring in an item of value and provide identification. The pawnshop will appraise the item and offer you a loan based on its worth. If you accept the loan, you'll need to sign a contract and provide a copy of your identification. You'll receive the cash immediately, and the pawnshop will hold onto the item until you repay the loan plus interest.

What Happens if You Don't Repay the Loan?

If you don't repay the loan plus interest, the pawnshop can sell the item to recoup their costs. However, they are required to notify you of the sale and give you a chance to pay off the loan before they sell the item. If the sale of the item exceeds the amount of the loan plus interest, the pawnshop is required to give you the excess amount.

What Are the Benefits of Using a Pawnshop?

  • Pawnshops provide a quick and easy way to get cash when you need it.
  • You don't need to have good credit to get a loan from a pawnshop.
  • You can get a loan based on the value of an item you already own, rather than taking on additional debt.

What Are the Risks of Using a Pawnshop?

  • If you don't repay the loan plus interest, you could lose the item you pawned.
  • The interest rates on pawnshop loans can be high, so you'll need to make sure you can afford to repay the loan.
  • If you don't read the contract carefully, you could end up paying more in interest than you anticipated.

Overall, pawnshops can be a useful resource for people in Mexico who need cash quickly. Just make sure you understand the terms of the loan and are able to repay it on time.

- PRESTAMO SEGURO
PROOVEDORA DE SERVICIOS BARCE SA DE CV
HAYDEE ROMERO
SIGLO XXI
,
RODOLFO LANDEROS G. in Aguascalientes



- CASA DE EMPEÑO EL CERRITO

HAYDEE ROMERO
SIGLO XXI
,
RODOLFO LANDEROS G. in Aguascalientes



- PRESTAMO SEGURO
PROVEEDORA DE SERVICIOS DARCE SA DE CV
PLAZUELA M
SIGLO XXI
,
OJOCALIENTE 1 in Aguascalientes



- PRENDA MEX
GRUPO MAREAL SA DE CV
HACIENDA DEL MILAGRO
SIGLO XXI
,
HACIENDAS DE AGUASCALIENTES in Aguascalientes



- FIRST CASH SUC. 832
FIRST CASH SA DE CV
EL SALITRE
SAN GABRIEL
,
OJO CALIENTE 3 in Aguascalientes



- EL CERRITO CASA DE EMPEÑO

OCOTE
SIGLO XXI
,
OJO CALIENTE SECC III in Aguascalientes



- PRESTAMOS PRENDARIOS AGROPECUARIOS

DURAZNO
NARANJO
PPAPROPECUARIO@HOTMAIL.COM,
CENTRO COMERCIAL AGROPECUARIO in Aguascalientes



- CASA DE EMPEÑO Y PRESTAMOS EL CERRITO CENTRO BAJÍO

30 DE SEPTIEMBRE
HEROE INMORTAL
DUDASGPOAGUASCALIENTE@CERRITO.CON.MX,
MORELOS 1 in Aguascalientes



- PRENDAMEX
GRUPO MAREAL SA DE CV
22 DE DICIEMBRE
MARIANO HIDALGO
,
MORELOS II in Aguascalientes



- CASA DE EMPEÑO EL CERRITO
PRESTAMOS ZACATECAS SA DE CV
LINOTIPISTAS
MARIANO HIDALGO
, WWW.ELCERRITO.COM
PERIODISTAS in Aguascalientes



- CASA DE EMPEÑO PRESTO CASH
CASH ILIMITDO S DE RL DE CV
MARIANO JIMÉNEZ
SIGLO XXI
,
MORELOS II in Aguascalientes



- FIRST CASH SUC. 3052
FIRST CASH SA DE CV

POLIDUCTO
,
MUJERES ILUSTRES in Aguascalientes



- PRESTAMO SEGURO CASA DE EMPEÑO
PROVEEDORA DE SERVICIOS BARCE SA DE CV
DOCTOR MARIANO AZUELA
AVENIDA DE LOS MAESTROS
,
VERSALLEN SEGUNDA SECCION in Aguascalientes



- APECON DE AGUASCALIENTES
APECON DE AGUASCALIENTES SA DE CV
REPÚBLICA DEL SALVADOR
LAS AMERICAS
APOYOEFICIENTE_AGS@HOTMAIL.COM, WWW.APOYOEFICIENTE.COM
EL DORADO in Aguascalientes



- SUPER EMPEÑOS

LIMA
AVENIDA DE LOS MAESTROS
,
EL DORADO 1RA SECC in Aguascalientes



- SECURE LOAN PAWNHOUSE
PROVIDER OF SERVICES BARCE SA DE CV
PHILIP TOWERS
GERONIMO OF THE CAVE
SUCURSAL.NSA@XICOPRESTAMOSEGURO.COM,
VILLAS OF NUESTRA SEÑORA DE LA ASUNCION ALAMEDA SECTOR in Aguascalientes



- FIRST CASH SUC. 1484
FIRST CASH SA DE CV
5
AGUASCALIENTES ORIENTE
,
LOMAS DE SANTA ANITA in Aguascalientes



- TIDAL GROUP
MAREAL GROUP SA DE CV
ENCINO
OAK
,
NORTH CIRCUMVALATION in Aguascalientes



- PAWNS MONIAYUDA

GENERAL VICENTE GUERRERO NORTH
NORTH GALEANA
,
DOWNTOWN AREA in Aguascalientes



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