Mont de Piété

Mont de piété is like a special kind of store where people can borrow money by leaving something valuable behind, like jewelry or electronics. It's kind of like borrowing money from a bank, but instead of putting money in a savings account, you leave something valuable as security, which is called collateral. The store gives you the money you need, plus interest fees, and then you have a certain amount of time to pay back the loan. If you can't pay back the loan, the store keeps the item you left behind and sells it to get their money back. Basically, it's a way for people who need money quickly to get a loan without having to go through a bank or have good credit.