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Pawn – To deposit an item of value with a pawnbroker as security for money lent.

Must be at least 18 years old to pawn, trade, or sell. Interest is charged monthly at 22% or $5.00, whichever is greater. Interest is due by the due date every 30 days. Pawns 5 days overdue are assessed a late fee. Any Pawn over 30 days late may be sold without further notice. The Item is redeemable only by the bearer of the pawn ticket or by identification of the person making the pawn. Tennessee state law requires all pawns to be held 48 hrs. Music City Pawn reserves the right to refuse any item for any reason.