FAQ
What kinds of items can I sell or pawn?
You can sell or pawn almost any item in good working condition. We purchase everything from televisions to musical instruments, coins, antiques, video games, gold jewelry, cell phones, and cars. You name it; we pawn it. Restrictions apply to outdated electronics. Pawn Plus does not accept firearms. Customers are required to present valid, state-issued photo identification or a passport to sell or pawn items.
What is a pawn loan?
For those needing a short-term loan, a pawn loan is a quick, convenient, and confidential solution. Borrowers can drop off their items at the store and receive a short-term, low-interest cash loan. When the loan is repaid, the item is returned to the borrower.
How do I pawn an item?
Did you know that, on average, 80% of customers reclaim their items after pawning them? Bring your item to a Pawn Plus location with your valid, state-issued photo ID. A Pawn Plus associate will assess the item’s value and then tell you how much we can lend you against it. You will have 30 days to repay the loan. You can renew your loan for up to 7 additional 30-day periods if you make timely interest payments. Terms vary by state. We’ll take electronics, games, coins, gold, sporting goods, stereo equipment, or almost anything else you may want to pawn.
How do you determine an item's value?
Pawn Plus uses items’ current appraised values, current condition, and retail value to offer customers fair, generous, and honest quotes for their belongings. Our experts use advanced tools to review different items and keep a working knowledge of their merchandise’s marketplace value and the costs associated with preparing it for sale and selling it.
What documents do I need to do business with Pawn Plus?
For all pawning, selling, and financial services, your valid, state-issued photo ID or passport and verifiable home address must be presented to the Pawn Plus associate. Additionally, please bring your item to the store for a loan or to sell.
Is the pawn industry regulated?
Pawnbroking is one of the world’s oldest financial services. Since its meager beginnings over 3,000 years ago, the pawn industry has developed into a highly regulated industry to protect the interests of both lenders and borrowers.
Can I pawn or sell my items online?
Pawn loans, purchases, quotes, and other financial services are only available in Pawn Plus stores. Visit any of our five locations so we can help you today.
What kinds of identification can I use for a pawn or selling transaction?
You must present your valid, state-issued photo identification card, driver’s license, or passport for all selling and pawning transactions. IDs cannot be expired and must match the identity of the person who presents them. Valid identification must be presented to a Pawn Plus associate at all pawning and selling transactions.
Does Pawn Plus offer cash advance loans?
Pawn Plus does not offer cash advance loans. However, we can provide cash pawn loans against most items. To get a pawn loan, bring your item into any Pawn Plus store location along with your valid, state-issued photo identification. A Pawn Plus associate will value it and quickly give you a cash loan. Items are redeemed upon payment of the loan and interest.
Can you give a quote on an item over the phone?
Unfortunately, we cannot give quotes over the phone due to the varying conditions and qualities of different items. Quoted amounts may vary greatly depending on the item’s characteristics. The better the condition of an item, the more money can be loaned against it. To ensure accurate valuation, items are subject to in-store tests, including a visual inspection, jeweler’s loupe, weight tests, functionality tests, and more.
Will my item be safe while at Pawn Plus?
All items are insured for their full value when left with Pawn Plus. Rest assured that your items are safeguarded with multiple levels of security. These include alarm systems, camera surveillance, and secured storage areas. All jewelry is stored in secure safes. Other items are stored in locked, secured, limited-access parts of the stores. Pawn Plus guarantees the safety and security of all pawned items.
Are interest rates on pawn loans excessive?
No. Pawn loan interest rates are regulated and vary by state. To provide pawn services, pawnbrokers charge interest rates consistent with the principal, time period, collateral, and risk of a situation. Pawn transactions are heavily regulated small-dollar and short-term loans.
How can I be sure the merchandise that I buy isn't stolen?
According to the National Pawnbrokers Association, less than one-tenth of one percent of all merchandise is identified as stolen property. To ensure transparency, customers must provide legal photo identification with a thorough item description. This process provides transparency in the purchase process and deters thieves from attempting to sell stolen property at Pawn Plus locations.
How do you determine the price of gold?
According to the National Pawnbrokers Association, less than one-tenth of one percent of all merchandise is identified as stolen property. To ensure transparency, customers must provide legal photo identification with a thorough item description. This process provides transparency in the purchase process and deters thieves from attempting to sell stolen property at Pawn Plus locations.