What is a pawn loan?
A pawn loan is a quick and convenient way to borrow cash without a credit check.
How does a pawn loan work?
The pawn broker holds your merchandise for collateral, which is returned when you repay the loan plus interest. There is no obligation to redeem the loan and there is no negative impact on your credit.
How much can I borrow?
The amount of the loan is determined by the value of the collateral. There are many factors we look at to price an item, such as the age, condition and our ability to resell the item. Jewelry is based largely on the gold market and the value of gemstones and diamonds.
How long do I have to repay the loan?
The length of the loan is 90 days, which can be extended by paying the monthly interest charge.