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Why credit institutions are called pawnshops

The institutions, which borrowed money for a collateral, appeared in France, in the 16th century under Louis XIV. They have begun to open lenders. The name of such institutions arises from the name of the province.
At the end of the 16th century, Lombardians appeared in Italy, Germany and other European countries. In the 19th century, Lombards were spread throughout the capitalist countries and largely controlled by major monopolists.
After the revolution of 1918, all credit organizations were closed in the territories covered by the revolution. The State Lombards were again discovered in 1922-23, when they were subordinated to the local council, their main mission was to give citizens the opportunity to pay their small items in special institutions, and to give them a definite term. At the same time, the amount of money given to one person was limited and often did not correspond to the actual value of the pledged item.