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
To receive follow up on your request, you must provide your address. The Agency will mail you a complaint form, which you must complete and return. If you also provide an email address with your Service Request, you will receive the form by email instead. Be sure to check your spam folder in addition to your inbox.
The Agency will consider your complaint a tip if you do not provide your address.
