The pawnbroker (company lending money) examines an item of value from a customer and both the customer and pawnbroker agree on an amount to lend the customer (pledgor). Each State determines the amount of time the pawned goods are to be held by the pawnbroker. On or before the due date of the loan, the pledgor may return to pick up his / her merchandise. The pledgor must repay the loan amount in full plus interest (interest amounts are determined by the state).