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Buckeye Pawn Shop Inc.

4.2 (2) 2
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Reviews
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Josefina Torres
Jan 20, 2023
I visited for a loan and the process was okay. I feel like they could have given me a better appraisal. Service was decent, but there's room for improvement.
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Samantha G.
Jun 15, 2023
I had a fantastic experience at Buckeye Pawn! They offered me a fair amount for my electronics, and the process was quick and easy. Highly recommend!
Frequently asked questions
help_outline How does a pawn work?
A pawn is a collateral loan where we lend money on valuable items like jewelry, electronics, tools, and more. Once the loan is repaid, the item is returned. You can extend the loan term by paying storage and interest fees.
help_outline Why should I go to a pawnbroker for a loan?
Pawnbrokers provide a quick, convenient, and confidential way to borrow money without risking overextending credit or bankruptcy.
help_outline How much should I expect for a loan on my item?
Loan amounts depend on the item's value, demand, and condition. There is no minimum loan amount, but the maximum is set by state laws. Prices vary between pawn shops.
help_outline How do you determine the value of the item?
We assess the item's current appraised value, condition, and resale potential. Different items, like jewelry and electronics, are evaluated differently. We test all items to ensure they work properly.
help_outline How can I be sure the merchandise I purchase at a pawn store isn’t stolen?
Less than 0.5% of pawned items are identified as stolen. Customers must provide ID, and detailed descriptions are recorded and shared with law enforcement daily, reducing the chance of stolen goods being pawned.
help_outline Are pawn shops regulated?
Yes, pawn shops are regulated by federal laws like the Patriot Act, Truth in Lending Act, and Equal Credit Opportunity Act. We also follow FTC rules on data privacy and are regulated by the ATF for firearms. Local authorities license and regulate our shop.
help_outline Do most pawn customers lose their merchandise?
About 80% of pawn loans are repaid. Repeat customers often borrow against the same items. We offer non-recourse loans, meaning we only look at the pledged items to recover our investment if the loan isn't repaid.
help_outline What are your pawn rates?
Interest is 6% of the loan amount, plus a $6 monthly storage fee. For a $100 loan, the total monthly cost is $12.
help_outline Do Ohio pawnbrokers need continuing education?
Yes, Ohio pawnbrokers are required by law to complete continuing education, similar to professionals like doctors and lawyers. This ensures they stay updated on industry standards.
help_outline What can I pawn or sell?
We accept most items with a resale market value and in good condition. We'll consider anything of value!
4.2
28 reviews

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ColumbusFranklin Countypawn servicesjewelry repairelectronics salesmusical instrumentscash loanstool salesused itemsquality merchandisepawn loans

What We Offer

Financial Services

Pawn Loans
Collateral loans against valuable items such as jewelry, electronics, and tools.

Retail

Merchandise Sales
A wide array of items for sale including jewelry, tools, electronics, and instruments.

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