What is involved in obtaining a pawnbroker license in the state of Maine?

Answer by  patti (29325)

The Maine Department of Professional and Financial Regulation has a "Consumer Credit Protection" web page that details all the requirements of obtaining a license and operation a pawn business.

Answer by  SandyG (807)

Check with Maine Small Business Development Center (SBDC) & state goverment. They can direct you to laws & guidelines. Also, your county or city may require a license or approval of your business name. Check at the library for copies of business plans before you go out and buy any materials.

Answer by  ncgirl (120)

The person would have to file an application for a license in the town the person lives in and submit an application fee of $100. In order to qualify, the person must not have been convicted of a crime involving selling items or violated any of the pawnbroker state laws.

Answer by  timmsa (577)

You have to complete the application completely and then pay the $100 fee. Then you have to be report to the police with your inventory everyday.