Description
Pawnbrokers offer loans to clients by securing them with personal objects or items. They assess the personal items given in exchange for the loan, they determine their value and amount of loan available and keep track of inventory assets.
EssentialOptional
Theoretical Knowledge
Practical Skills
estimate value of used goodsdecide on loan applicationsanalyse financial riskidentify customer's needsmaintain client debt recordsmanage pawnshop inventorymaintain records of financial transactionsperform debt investigationnegotiate on asset valuedetermine resale value of itemscommunicate with customerscollect customer datahandle financial transactionsassess customer credibilityperform market researchenforce customer's debt repaymentcalculate value of gemsobtain financial informationassess financial viabilityestimate value of musical instrumentsestimate value of used jewellery and watches