Pawnbrokers and money-lenders lend money against articles deposited as pledges, or against property or other security.
Skill level:
Semi-skilled
Check your Wage
- The majority of Pawnbrokers and money-lenders earn a salary between $1,784 and $4,419 per month in 2024.
- A monthly wage for entry-level Pawnbrokers and money-lenders ranges from $1,784 to $3,012.
- After gaining 5 years of work experience, their income will be between $1,887 and $3,275 per month.
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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
