Earliest knowing of Pawning dates back to Imperial China over 3000 years ago. Back then borrowing money was done on belongings like clothes, live stock, property deeds or precious metals. Pawning spread across Medieval Europe in 1198 and over the year's laws started being formed to regulate the industry. But over the centuries it became the only source for short term loans.

The PAWN LOGO of three balls came in to effect from a Family crest in Venice Italy. It was a family crest of the Lombard family who brought Pawning to the town. The family became so successful at doing banking in the form on loaning on belongings they had dozens of locations. They hung there family crest logo outside all their locations and was seen as the place to borrow money. As most people could not read, they would see the logo and would know they could borrow money. Others who would open Pawn Shops would use the family logo and It spread across Europe as the Pawn Symbol, and the rest is history!

The rules and regulations the original Canadian Pawn Shops had to obey by came into effect in England under King George. He put regulations into effect on the ever growing industry to regulate interest and terms. United States and Canada adopted the same beliefs as the Countries where being grown and laws in States and Provinces where being formed. But every country, state, city or town around the world has its own regulations and restrictions on the industry now and are mainly governed by the city bylaws where the Pawn Shop is located.

Pawning dates back as the oldest form of banking in the world, before banks started offering short term loans and credit cards even existed. Pawn Shops where the only option for short term loans and until 1950 there were more Pawn Shops then banks in North America. When you enter into a Pawn Shop know that you are entering the oldest form of a banking institution and loaning money this way is how all loans started.