FAQ

What is a Pawn?

A pawn is a way to borrow cash immediately by using items you already own as collateral. You have 4 month and 10 days (8 month and 20 days on most jewelry pawns) to reclaim your item or renew.

What is the difference between selling your item or pawning your item?

When you pawn your valuables, you can get them back as soon as you repay your loan plus interest. When you sell your valuables, you give up your ownership rights to the buyer without the option to buy your items back.

What is the minimum and maximum amount of money I can borrow?

We can offer you between $5.00 to $1 million. We review each item individually and let you know the value.

What is the interest rate for my loan?

All our loan periods and interest rates adhere strictly to the California Business Financial Code.

What can I pawn or sell?

Jewelry
Broken jewelry
Fine watches
Precious metals & coins
Loose diamonds & precious gemstones
High end DLSR cameras & equipment
Apple Products
Lap tops and computers
Musical instruments
Certain collectibles
Luxury handbags
Art

How long do I have to pay off my loan?

You have 4 months and 10 days (8 month and 20 days on most jewelry pawns) to reclaim your items, or you can also renew your loan by simply paying the interest due to extend the loan for an additional loan period. We will always try to help in anyway we can.

Do I have to make my monthly payments?

No, there are no monthly payments. If you pawn an item with us, the amount is due when you redeem your items. You can utilize the whole term or redeem before the end of the term with no prepayment penalties.

What happens to my item if I decide not to pay back my loan?

You will lose the item, 87% of our customers reclaim their pawned items. Since we hate selling items of sentimental value, our financial department is always willing to work with you to give you more time.

Will defaulting on a loan affect my credit score?

We do not report people to credit agencies

If I defaulted on a loan, can I get another loan?

Yes, we lend on the value of your items and not on your credit or loan history.

Can I buy items in your shops?

Yes, visit any of our locations and you will find amazing deals!