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2 November, 03:22

Who provides on-the-spot short term loans for up to 50 percent of an item's estimated value?

Choose one answer.

a. pawnbroker

b. credit card

c. ATM

d. payday loan

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Answers (1)
  1. 2 November, 04:02
    0
    a. pawnbroker

    A person who provides on-the-spot short term loans for up to 50 percent of an item's estimated value is also known as the pawnbroker. The person lends money with an interest provided the a property be deposited and will be taken back after a specified period of time with the payment together with the interest. This is more common to jewelries wherein someone pawns his/her jewelry in the pawnshop and will redeem it after a specific time provided the payment is completed.
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Home » Business » Who provides on-the-spot short term loans for up to 50 percent of an item's estimated value? Choose one answer. a. pawnbroker b. credit card c. ATM d. payday loan
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