A pawnshop is a business that:
- Sells pawned or pledged goods
- Loans money on deposit or pledge of personal property
- Purchases personal property on the condition of selling it back at a set price
You can file a complaint about a pawnshop in New York City, including complaints about pawnshops that sell goods before the date on the pawn ticket, contract, or receipt.
Under New York State law, a pawnshop is allowed to charge a maximum interest rate of 4% per month.
What Happens Next
If you provide an email address with your Service Request, you will receive a notification by email. You may also be emailed a complaint form, which you must complete and return. Be sure to check your spam folder in addition to your inbox.
