Frequently Asked Questions
What is the difference between pawning and selling?
Pawning is when you get a short-term loan using an item of value as collateral. If you repay the loan plus interest within the agreed time, you get your item back. Selling is a straightforward transaction where you sell your item to us for cash with no option to get it back.
How do you determine the value of my item?
Our expert staff determines the value based on several factors, including the item's condition, its current market value, and our ability to resell it. We test all items to ensure they are in good working order.
What do I need to bring with me to get a pawn loan?
All you need is the item you wish to pawn and a valid, government-issued photo ID, such as a driver's license or state ID card.
What are your interest rates and fees?
Our interest rates are competitive and vary based on the loan amount and duration. We charge a flat monthly fee rather than compounding interest, making it easier to understand your total cost. We always provide a clear breakdown of all fees upfront so there are no surprises.
What happens if I can't repay my pawn loan?
If you're unable to repay your loan by the due date, we offer a grace period and payment plan options to help you get back on track. If the loan remains unpaid after all options are exhausted, the item becomes our property and may be sold. We always work with customers to find the best solution for their situation.