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Martin is thinking about pawning his watch to get some quick money to pay his bills. If he gets the money from the pawnbroker, what type of loan will it most likely be?

Martin is thinking about pawning his watch to get some quick money to pay his bills. If he gets the money from the pawnbroker, what type of loan will it most likely be?
asked 202k views
1 vote
Martin is thinking about pawning his watch to get some quick money to pay his bills. If he gets the money from the pawnbroker, what type of loan will it most likely be?

asked
User Sami Korhonen
by
7.7k points

2 Answers

5 votes

Answer:

Single payment loan

Step-by-step explanation:

a pex

answered
User Mikhail V
by
8.0k points
2 votes

It's called a single payment loan

answered
User Carinmeier
by
7.5k points
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