- PAWN: We provide collateral loans on jewelry, household items, gold, and other valuables.
- BUY: Sell your valuables to our professionals for a fair market value.
- SELL: Purchase items at a fraction of the retail price including GIA Certified Diamond jewelry, luxury handbags, fine jewelry, electronics, tools, equipment, and more.
How the Pawn Process Works
Licensed, regulated pawnbrokers offer on-the-spot cash loans to consumers. Pawn loans are secured by tangible personal property goods. According to the FDIC, over 25 Million Americans are unbanked or underbanked. Still other consumers find it difficult to connect with a bank that will work with them.
Pawn loans are a quick, easy, and confidential way to borrow money- with no credit check required. Pawn loans are collateral loans and do not impact your credit score. Pawn loans are non-recourse, meaning that failure to repay the loan doesn’t impact a customer’s future ability to borrow.
Pawn loans provide an alternative to traditional banks that works well for many consumers. Low interest rates and lower loan amounts make it easy to pay pawn loans back. When customers pay back the loan, their merchandise is returned to them. Alternatively, customers may forfeit their merchandise. In that case, the items that were put up as collateral are then sold at a value price to retail consumers.
American Jewelry and Loan provides pawn loans on a wide variety of jewelry, electronics, musical instruments, tools, antiques, sports memorabilia, and more at each of our three locations.
See the Gold family answer some of the most frequently asked questions about pawnbroking or visit the National Pawnbroker’s Association at www.pawnbrokers.org.