Pawnbroker License

New Application Fees: Fees Vary HOW TO APPLY
Application Reviewed Within: 2 Weeks AFTER YOU APPLY
Renewal Fees: $500 OPERATING & RENEWING
Renewal Cycle: 1 Year OPERATING & RENEWING


Consumer Affairs, Department of City
As defined in New York State General Business Law (GBL) §52, a “collateral loan broker” (also known as a “pawnbroker”) is a person, partnership, or corporation that loans money on deposit or pledge of personal property or buys personal property and sells it back at a set price. The New York City Department of Consumer and Worker Protection (DCWP) issues this license.
Next: Apply

NYC Department of Consumer and Worker Protection (DCWP)
Licensing Center
42 Broadway, Lobby
New York, NY 10004
For further assistance, please call 311 and ask for: Pawnbroker License

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