The item itself acts as the security, or collateral, fo...
问答题The item itself acts as the security, or collateral, for the loan. If the loan is not repaid, the object can be sold. Customers can get the object back -- called redeeming it -- at any time by repaying the loan plus the interest and fees they agreed to pay. Or they can pay the interest and leave the (7) at the pawn shop for a while longer.
