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American Pawn

4.3 (2) 2
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Reviews
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Josh Thompson
Jun 5, 2023
Great selection of items and the staff is very knowledgeable. I found exactly what I needed for my project and the loan process was smooth. Will return!
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Alfredo Ruiz
Oct 14, 2022
I sold my old electronics here, and I was pleasantly surprised by how much they offered. The team was helpful throughout the process. A solid experience!
Frequently asked questions
help_outline What is a pawn?
A pawn is a secured loan. The loan amount is based on merchandise brought to the pawn store to be held as collateral for a cash loan.
help_outline Does a pawn affect my credit rating?
Since a pawn is a secured loan, it does not affect your credit. There is never a credit check, and your credit report cannot be affected by any pawn transactions.
help_outline How long do I have to redeem my merchandise?
In Louisiana, pawn transactions must be held by the pawnbroker for three months.
help_outline How much does a pawn transaction cost?
In Louisiana, the interest and service charges on a pawn transaction totals 20% per month.
help_outline What if I cannot redeem my merchandise by the maturity date of the loan?
You may extend or renew your loan by paying a portion of the interest due. There is no limit to the number of extensions you can make.
help_outline Do pawnshops deal with stolen property?
In Louisiana, as well as most other states, pawnshops are required by law to report all merchandise taken on a daily basis. The police compare our lists with all of the burglary/robbery lists in their computer. Studies have shown that fewer than one-tenth of one percent of items taken in pawnshops are stolen.
help_outline How do you know an item is not stolen?
We have many systems in place to deter criminals from pawning stolen items. In addition to reporting our acquisitions on a daily basis, we also hold all items that we buy, take or trade for 30 days to allow the police to check our records.
help_outline How much should I expect for a loan on my merchandise?
Loans vary according to the merchandise. There is no minimum or maximum dollar amount allowed on a pawn transaction. Because the pawnbroker has to recoup his money by selling the item, if you choose not to redeem it, you should expect to receive only a portion of its retail value.
help_outline What payment methods do you accept?
We accept Visa, MasterCard, and Debit cards for purchases. All loans require cash payment to pick up. Sorry, but we don't take cards on loan pick-ups.
4.3
25 reviews

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What We Offer

Financing

Pawn Services
Offering secured loans based on collateral items brought to the pawn shop.

Specialty Services

Gun Cleaning and Repair
Master gunsmith available for cleaning and repairs.

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