They are more or less "item banks" your items are stored until you pay back your loan.
The reason they can't be banks is because banks have many types of accounts which gain interest for the person who deposits money into the accounts. Banks then turn around and reinvest that money to make themselves a higher profit.
Pawn Shops were the first form of banks were they not? So techinically I guess you could call these banking lisences but if you really think about it, not really.
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