314-388-4444 contact@pawncenter.com

What Is A Pawn Loan?

All customers provide collateral, eliminating the need to distinguish high-risk from low-risk borrowers.Typically, loans are small, averaging between $50 and $200, although they can be as small as $5 or as high as several thousand dollars depending on the value of the collateral.

The process is much simpler than any other form of borrowing, with the primary difference being the use of collateral instead of credit. A pawnshop will hold and store your personal collateral item.

Understanding Pawning
Let’s start with what it doesn’t mean. It is not selling something.

A pawn loan allows you to borrow money today on your valuables without having to sell them.

A pawn loan allows you to get your valuables back after you pay off your loan.

A pawn loan allows you to extend your loan period without penalty.

A pawn loan will never hurt your credit and there is no lengthy application process to go through.

Pawning vs Selling – Why It’s Better To Pawn
1.You get to keep your item. If you think you might miss your special something or it has sentimental value, you’re better off pawning.

2.You retain equity in what you already own.

3.Pawning allows you to get cash when you need it without selling your valuables for much less than you paid for them.

We Do Cash Loans On The Following Types Of Items
Gold & silver


Rolex and other high-end watches

Electronics such as iPods, flatscreen TVs, stereos.

Newer laptops, both PCs and Macs

Video game consoles

Tools (DeWalt, Milwaukee, Ridgid, etc.)

Musical instruments

Firearms (shotguns. riffles, handguns)

DVDs and Blu-Ray players

Commercial Mowers (Walk behinds, zero turns)