"The Pawngo business model, as CEO Todd Hillis explains, is aimed at people who need between $1,500 and $15,000." Users are expected to send in information about items they wish to pawn, and then Pawngo's "valuation lab" is supposed to return an estimate within an hour. The items get shipped to Pawngo's vault, and loans are built to last three to six months, All Things D explains. "Pawngo nets a 'monthly option charge' to keep the item (it can't call it interest because it's not a bank) of three to 6% per month."