This post was written by Ideal Jewelry and Loan
In Massachusetts, pawn loans are written up for four months. If at the end of four months, you do not pay off your loan or at least the interest due, you will receive an overdue notice sent via certified mail to the address you provided us with. The overdue notice gives you at least another 15 days. If at the end of this period of time you still have not paid, your item will be forfeited, and ownership gets transferred to Ideal. This in no way effects your ability to make future loans with us.