This chapter aims to analyze financial literacy implications on pawnshop usage. The analysis departs from the assumption that individuals and micro-organizations lacking financial literacy and lower opportunities to have access to short-term credit provided by formal financing and banking institutions, are more likely to use pawnshops to get easily and fastest financial resources urgently needed for survival, living expenses and other required matters. The method used is the semi-structured interviews to borrowers followed by meta-analysis and meta-cognitive approaches based on conceptual, theoretical and empirical literature review. The chapter concludes that the financial literacy of undeserved individuals and micro-organizations, tend to reduce their access to formal financial and banking institutions to get credit, driving them to use pawnshops.