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How Pawning works
If you’re wondering how pawning works, you’ve come to the right place. This is when money is lent in exchange for items of value, with the pawn amount based on that item’s value. The item is returned when the pawn value is paid off or can be surrendered as payment in full.
So when you bring an item to Heng Heng Group for pawn, we’ll first inspect the item to determine its value. pawn amounts vary according to the item’s value.
Should you choose to accept the pawn offer based on your item’s value, you’ll get cash on the spot and will have a set period 6 month to repay your pawn money. When you return to pay back the money, we’ll immediately return your item.
While your item is in pawn, you still own it. It is our responsibility to keep it safe and in good condition while it’s in our care. Your item is safely stored until you return to pay your pawn amount in full and reclaim it. Heng Heng Group is fully insured for the pawn value of the collateral we keep.
