Pawning an item, such as a ring or a TV, is borrowing money. When you pawn the ring or the TV, you are leaving that item as collateral for the money you borrow. The loan is due in four months. In addition, we give a 30-day grace period within that time. You can pay the interest due or redeem the loan.
Pawning vs Buying Outright
State-issued ID card
Without one of those IDs, we are prohibited from making a loan or buying anything. Every item we pawn or buy is listed on a form that the customer must sign. The customer must also place a thumbprint on this form, which is then turned over to the local police department.
Our Pawning Procedures
While jewelry is what our customers pawn the most, we also make loans on stereo equipment, tools, computers, entertainment equipment, cameras, games and gaming equipment, coins, stamps and some sports equipment, to give you a brief list.
Things We Won’t Pawn
With exceptions, we pawn just about anything of value. Some of the things we don't pawn are:
Exceptionally fragile items