I watch the Vegas Pawn Guys, and when people sell, something that might be worth $900. they offer, $200. cause they know you need the money. They admit they need to make a profit.
Then they guy says, well maybe pawn it, which means a loan to be paid back by their date, which was 120 days, he got $275. but if he doesn't pay it back in 120 days, it is the pawn shops to keep.
BUT...he got more more for pawn it as collatral which makes sence.
So I believe Pawning you get more, because pawn is another word for time loan, with or without paying it back.