Pawn loans are an easy way to borrow money without a credit check. Loans are based on the value of your item, not your credit rating or employement status.
If an item is pawned for a loan, within a 30 day period the pawner may purchase it back for the amount of the loan plus 15%. If the loan is not paid in full within the 30 day period, the pawner can extend the loan with a payment of 15% or the item can be left as payment in full. The pawned item will be offered for sale by the pawnbroker but the pawnbroker does not report the defaulted loan on the customner’s credit report since the pawnbroker has physical possession of the item.
We loan on a large variety of items including all types of gold and silver. Please check the home page for different ideas on things to bring in for a loan.