How does pawn work?

  1. Bring us an item of value (for a list of items we accept, see below).
  2. We value your item using online markets such as eBay.
  3. We offer a loan based on market values.
  4. Loan term is 30 days from the day of pawning.
  5. Paying the storage fee extends loan term another 30 days.
  6. Pay storage fee + principal to redeem your item.

What are the benefits of pawn?

  • Short-term:¬†Pawns ideally last only a month or two, so it’s an easy way to hold yourself over until payday.
  • No credit reporting: Since pawn is a collateral-based loan system, there is no credit reporting involved. Even if you can’t pick up your pawn, it won’t count against your credit score.
  • Low-interest: Most loans work on a 10% + $3 interest fee per month, so if you pick up an item you received $100 for, all you pay is $113 at the time of redemption.

Frequently Asked Questions (FAQ’s)

Why would I pawn instead of sell?

Pawn provides a quick, simple way to get a short term loan. Pawn also allows you to leverage valuables you own without being forced to sell outright.

If I don't want to pawn, can I just sell what I have?

Yes! Absolutely. Usually anything we give a loan on we are also willing to buy.

How much can I get for my item?

Typically we give around 35% of resell value (based on an average price on eBay) for a loan and 50% if we are buying it. This excludes firearms and jewelry, of which we give the same amount regardless of whether it is a loan or a buy.

What items do you take?

Our two favorite items are firearms and jewelry (gold, silver, and platinum only). Other items we accept include tools, electronics, musical Instruments, and some collectibles.