Pawnbrokers and money-lenders lend money against articles deposited as pledges, or against property or other security.
Skill level:
Semi-skilled
Check your Wage
- Salary range for the majority of workers in Pawnbrokers and money-lenders - from $1,784 to $4,419 per month - 2024.
- A Pawnbrokers and money-lenders typically earns between $1,784 and $3,012 gross per month at the start of the job.
- After 5 years of service, this is between $1,887 and $3,275 per month for a working week of 40 hours.
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Tasks and duties
- Evaluating articles offered as pledges, calculating interest, and lending money
- Returning articles when the loan is paid or, in the event of non-payment, selling pledged articles
- Lending money as personal loans against success of future harvest and other similar undertakings
- Collecting loans when the pledge involved the success of future harvest and other similar undertakings
- Keeping a record of items received and money distributed and received
