Harvey needed some cash quickly,so he received a short-term loan based on the value of an old ring.Where did he go?

Question

Quizplus · Accepted Answer

Harvey received a short-term loan based on the value of an old ring, which is a common practice in pawnshops. Pawnshops provide short-term loans in exchange for items of value as collateral. Commercial banks, check-cashing outlets, payday loan facilities, and rent-to-own centers usually have different loan policies and do not accept items of value as collateral.

Harvey Needed Some Cash Quickly,so He Received a Short-Term Loan