Georgia Pawn Software: Pay Once, Own Forever
Stop paying monthly fees. Georgia pawnbrokers using PPSS paid $695-$995 once for a lifetime license. Four years later? Still $695-$995 total. No monthly subscriptions, no annual price increases, no surprise renewal fees.
Handles Georgia's unique two-tier rate structure (25% first 90 days, 12.5% beyond), 10-day grace period for general merchandise, 30-day grace period for motor vehicles, automatic forfeiture tracking, shipping fee calculations (50% handling markup), and $2 lost ticket fees.
Two-Tier Rate Calculation
PPSS automatically calculates 25% per 30 days for the first 90 days, then switches to 12.5% per 30 days for continuations beyond 90 days. No manual rate adjustments needed.
Grace Period Tracking
Tracks 10-day grace periods for general merchandise and 30-day grace periods for motor vehicles. Automatically flags items ready for forfeiture after grace period expiration.
Shipping Fee Calculator
Tracks actual shipping costs plus 50% handling fee markup as Georgia law allows. Calculates combined total for customer disclosure.
Lost Ticket Fee
Applies $2 lost ticket fee at redemption when original pawn ticket is lost or destroyed. Automatically documents fee on receipt.
Lifetime license: $695-$995. Software updates: $295/year or $737 lifetime. No monthly subscription fees.
Georgia's Two-Tier Rate Structure: 25% First 90 Days, Then 12.5%
Georgia law allows pawnbrokers to charge up to 25% of principal per 30-day period during the first 90 days of a pawn transaction. After 90 days, the rate drops to 12.5% per 30-day period for any continuations or extensions. This creates two distinct pricing periods that PPSS tracks automatically.
Example: $500 Loan Over 120 Days (Four 30-Day Periods)
Period 1 (Days 1-30): $500 × 25% = $125 charge
Period 2 (Days 31-60): $500 × 25% = $125 charge
Period 3 (Days 61-90): $500 × 25% = $125 charge
Period 4 (Days 91-120): $500 × 12.5% = $62.50 charge (rate drops after 90 days)
Total charges over 120 days: $437.50
Total redemption amount: $937.50 ($500 principal + $437.50 charges)
PPSS tracks which 30-day period each transaction is in and applies the correct rate automatically. When a transaction crosses the 90-day threshold, the software switches to the 12.5% rate for all subsequent periods. No manual calculations required.
Georgia's minimum charge is $10 per 30-day period during the first 90 days and $5 per 30-day period beyond 90 days. PPSS enforces these minimums automatically.
Woodstock to Hull: Georgia Pawnbrokers Trust PPSS
Meridian Pawn & Jewelry, Woodstock, GA
"We switched to PPSS five years ago and have never looked back. Paid $895 once for Professional edition. Our old subscription software was $285/month = $17,100 over five years. With PPSS, we paid $895 + $1,180 for four years of updates = $2,075 total. We saved $15,025. Georgia's two-tier rate structure - 25% for the first 90 days, then 12.5% after that - is built right into the software. PPSS tracks exactly which period each loan is in and applies the correct rate automatically. The 10-day grace period tracking for merchandise is critical - PPSS flags items ready for forfeiture the day grace expires. We run a tight operation in Woodstock and PPSS helps us stay compliant with Georgia's pawn regulations without the overhead of expensive subscription software. Best investment we made."
Southern Style Jewelry & Pawn, Hull, GA
"PPSS has been running in our Hull shop for three years. We paid $695 for Basic edition and it does everything we need. Subscription software costs $250-$300/month around here. Over three years, that's $9,000-$10,800. We paid $695 once + $590 for two years of updates = $1,285. Saved between $7,715 and $9,515. The software handles Georgia's 10-day grace period perfectly - we know exactly when merchandise can be forfeited. The 30-day grace for motor vehicles is tracked separately. When customers lose their pawn tickets, PPSS applies the $2 fee automatically. The shipping fee calculator is a lifesaver - it adds the 50% handling markup Georgia allows and shows the total to the customer. For a small town shop, PPSS gives us big city capabilities at a fraction of the cost."
From Atlanta to Augusta, Georgia pawnbrokers choose PPSS for automatic two-tier rate compliance and grace period tracking.
How Georgia Pawnbrokers Use PPSS
10-Day and 30-Day Grace Period Tracking
Georgia law requires a 10-day grace period on general merchandise pawn transactions and a 30-day grace period on motor vehicle transactions. During the grace period, the pawnbroker cannot sell the pledged goods. Items not redeemed within the grace period are automatically forfeited to the pawnbroker by operation of law.
PPSS tracks grace periods from the maturity date and flags items when grace expires. The software calculates grace period end dates automatically:
- General merchandise: Maturity date + 10 calendar days = grace period expiration
- Motor vehicles: Maturity date + 30 calendar days = grace period expiration
- Weekend/holiday extension: If final grace day falls when shop is closed, extends to next business day
During grace period, customers can redeem by paying unpaid accrued fees, principal, and an additional charge up to 12.5% of principal. PPSS calculates this redemption total automatically.
Automatic Forfeiture After Grace Period
Once grace period expires without redemption, ownership transfers automatically to the pawnbroker under Georgia law. PPSS flags forfeited items and allows pawnbrokers to mark them for sale, preventing accidental redemption attempts.
Shipping and Handling Fee Calculation
Georgia law allows pawnbrokers to charge actual shipping costs plus a handling fee up to 50% of actual shipping costs when customers request items be mailed. PPSS calculates this automatically:
Example: Actual shipping = $20
Handling fee (50% of $20) = $10
Total customer charge = $30
PPSS tracks actual shipping costs, calculates the 50% markup, and displays the combined total for disclosure to customers.
$2 Lost Ticket Fee
When a pledgor loses or destroys the original pawn ticket, Georgia law allows pawnbrokers to charge up to $2 at redemption. PPSS applies this fee and documents it on the redemption receipt.
Georgia Pawn Regulation Overview
Georgia pawnbrokers operate under the Georgia Pawnshop Act, codified in O.C.G.A. §§ 44-12-130 through 44-12-138 and §§ 44-14-403. Key provisions include:
Two-Tier Interest Structure (O.C.G.A. § 44-12-131):
- First 90 days: Up to 25% of principal per 30-day period, $10 minimum per period
- Beyond 90 days: Up to 12.5% of principal per 30-day period, $5 minimum per period
- Interest and pawnshop charges deemed earned monthly on same day of successive months
Grace Periods (O.C.G.A. § 44-14-403):
- General merchandise: 10 calendar days after maturity
- Motor vehicles: 30 calendar days after maturity
- No sale of pledged goods during grace period
- Automatic forfeiture if not redeemed within grace period
Additional Fees (O.C.G.A. § 44-12-131):
- Shipping: Actual costs + handling fee up to 50% of actual costs
- Lost ticket: Up to $2 at redemption
- No other fees permitted except as statutorily authorized
Disclosure Requirements (O.C.G.A. § 44-12-138):
- Written disclosure ticket in at least 9-point type
- APR for first 30 days and each subsequent 30-day period
- Dollar amounts for redemption costs
- Grace period information
- Fee disclosures (shipping, lost ticket)
PPSS provides: Two-tier rate calculation (25%/12.5%), 10-day and 30-day grace period tracking, automatic forfeiture flagging, shipping fee calculation with 50% handling markup, $2 lost ticket fee application, APR disclosure generation, complete transaction records.
Download Your Free Georgia Demo Today
Test PPSS with Georgia's two-tier rate structure, grace period tracking, and fee calculations. The demo includes sample transactions showing 25% rates for the first 90 days, automatic switch to 12.5% after 90 days, 10-day and 30-day grace period tracking, and shipping fee calculations.
Download Free Demo
Questions? Call 800-710-6184
Monday-Friday, 9 AM - 5 PM EST
