BTLS Listening Thread - January 2016

[Cpt. Mcgillicutty]

Here's how a pawn loan works (at least where I used to work).
You get a loan for $X.XX
You have UP TO 90 days to pick it up.
If you pick it up within the first 30 days, it's the loan value plus 20% interest
at 60 days it's the loan value + 40% interest
at 90 days it's the loan value + 60% interest
if you do not come in within 90 days you lose your item.
if at 90 days you cannot afford to pick up the item but don't want to lose it, you can extend the loan for 30 days by paying the 20% interest, but keep in mind you still have to pay the loan + 60% when you come back in 30 days to pick it up or in the case of this dumbass, keep extending it and buying time at 20% a clip.