According to the Nevada revised statutes (NRS 646.050) A pawnbroker may charge and receive interest at the rate of 13 percent a month for money loaned on the security of personal property and all personal property must be held for redemption for at least 90 days after the date of pledge with any pawnbroker. Most other pawn shops charge the maximum interest rate possible but at John’s Loan and Jewelry we value our customers and their business so we only charge 8%. That’s almost half! and we also hold items for 4 months instead of the state mandatory of 3 so it’s cheaper for you and you have longer to get your items back.