FAQs

PrintWhat is a Pawn?

A pawn is when a consumer is advanced funds in exchange for personal property that will be stored in the “pawnbroker’s” possession until the consumer redeems the merchandise according to the agreed upon terms, or the pawn contract defaults.

What is an Extension?

If you are unable to pay back your loan in full on its due date, you may be able to get an extension on your loan. With an extension, you will be required to pay the interest owed, then you may extend the length of your loan for another 30 days. This will not pay down on any of the original principal owed on the loan.

Will I lose my merchandise?

The majority of our customers pay off their pawn loans and pick up their merchandise. If a customer chooses not to repay the loan, the merchandise for the loan is forfeited. We will also purchase items of value if you do not want to get a pawn loan.

How do you determine an item’s value?

We base pawn loan amounts on the value of your item, its current condition, and our ability to sell the item. We use all the research tools we have at our disposal to determine an item’s value and get you the most money we can.

How do you determine the value of jewelry?

When jewelry is the collateral we test the precious metals and diamonds to determine its worth. The diamond testing includes a visual inspection using a jeweler’s loupe, weighing the item, sizing any stones, and noting the cut/color/clarity of each. We test the metal using a special acid that determines the karat of gold. This is done to ensure a clean test so there are no false readings on your item that may detract from what we can loan you.

How do you determine the price of Gold?

The price of gold is based on market values, the price for which is routinely reviewed and updated. Prices can vary greatly as the loan amount for 24K gold is significantly higher than that of 14K gold.

Can you give over the phone quotes?

Unfortunately, we cannot give quotes over the phone because loan amounts vary greatly depending on the condition of an item.

Can I Pawn a Gun?

Yes. We accept firearms as collateral for pawn loans and sell firearms. We are registered as a firearms dealer and must comply with all federal regulations. Keep in mind when coming to pawn a firearm you must go through a background check to pick it back up.

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