Which of the following institutions makes loans based on the value of tangibles possessions, such as jewelry and collectibles?

Question

Quizplus · Accepted Answer

Pawn shops make loans based on the value of tangibles possessions, such as jewelry and collectibles, in exchange for the possessions being held as collateral. Life insurance companies, finance companies, mortgage companies, and investment companies do not typically make loans based on the value of tangible possessions.

Which of the Following Institutions Makes Loans Based on the Value