He noted that pawnshops provide short-term loans, unlike banks, and do not require a large number of documents for this — it is sufficient to pledge property. The pledge agreement, which is concluded between the client and the pawnshop, contains the rights and obligations of both parties, and the loan is provided only with the client's consent.
However, as the ministry representative pointed out, situations arise in practice where citizens suffer harm. This is related to the sale of pledged property before the established term expires, which concerns both vehicles and gold items.
The main reason for such incidents is the lack of information among citizens. Many, when signing the pledge agreement, do so without delving into its details, often due to difficult life circumstances.
“Even if the pawnshop sold the property immediately after the main term expired, citizens can contact us via email or in writing. In such cases, we can take measures in accordance with the law and oblige the pawnshop to return the property,” said Suyorkul Ashimjan uulu.
