Pawnshops issue loans worth ₽412 billion in 2025
The number of concluded agreements was up by 13% to 19 million compared to the previous year.
However, the number of clients rose only by 3% to 2.16 million by 2025 year-end. The majority of these clients are long-term customers who take out loans to cover their urgent needs. Only 15% of pawnshop loans are repaid from the sales proceeds of unredeemed assets, with 85% of these loans repaid by borrowers themselves.
It is important that pawnshop loans are not parts of chains: if an individual does not settle his/her debt, the collateral he/she has provided will be sold after a grace period, with the debt being deemed fully repaid.
Nearly 95% of pawnshop loans issued are secured by jewellery. In 2025, the average loan amount secured by this type of collateral increased from ₽21,000 to ₽27,000 as gold prices gained nearly a quarter over the year.
On 1 April 2026, the maximum effective rate on consumer loans provided by pawnshops was reduced from 130% to 100% of a loan amount. In other words, all payments due under a loan should not exceed double the amount received.
More details are available in the publication Pawnshop Market Trends in 2025.