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.

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.

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.

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.

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.

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.

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.

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.

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.

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!

What types of loans do you offer?

We offer personal loans, installment loans, title loans, payday loans, emergency loans, tribal loans, and allotment loans.

Can I apply for a loan online?

Yes, you can submit your loan application online through our website.

What is the interest rate for loans?

The APR rates can vary significantly; for cash advance loans, they range from 200% to 1386%. Please check specific offers for details.

Do you provide loans for residents of all states?

No, residents of Arkansas, New York, New Hampshire, Vermont and West Virginia are not eligible to use our services.

Can I get a title loan without bringing in my car in Ohio?

Yes, Ohio Title Loans offers the option to receive a title loan without requiring you to bring in your car.

Can you get a title loan with bad credit in Ohio?

Yes, you can obtain a title loan even if you have bad credit, as these loans are secured by your vehicle.

What types of items do you buy?

We buy collectibles, vehicles, jewelry, firearms, tools, electronics, and more.

Do you offer financing options for purchases?

Currently, we do not offer financing options. Please contact us for more information.

What types of items do you accept for pawning?

We accept a wide range of items including jewelry, electronics, power tools, firearms, and more. However, there are some restrictions on specific items.

What are your business hours?

The East store is open Monday to Friday from 10 AM to 5 PM and Saturday from 10 AM to 3 PM. The West store is open Monday to Friday from 10 AM to 6 PM and Saturday from 10 AM to 3 PM.

Can I get an estimate for my items before pawning?

Yes, we offer an online estimate form for your convenience. You can fill it out to get an initial idea of what your item may be worth.

What is a car title loan?

A car title loan is a secured loan where you use your vehicle's title as collateral. You retain possession of your vehicle while borrowing against its value.

How quickly can I get my funds?

You can receive your funds in less than 24 hours after your loan is approved.

What if I have bad credit?

Bad credit is not an obstacle; you may still qualify for a title loan if your vehicle is lien-free.

What are the typical loan amounts?

Loan amounts can range from $500 to $20,000 depending on the condition and value of your vehicle.

Are there any penalties for early repayment?

Usually, there are no pre-payment penalties, allowing you to pay off your loan early without additional fees.

What types of items do you buy and sell?

We buy and sell a wide range of products including musical instruments, electronics, jewelry, firearms, and more.

What are your hours of operation?

Our hours are Monday to Friday from 10:00 AM to 5:00 PM, closed on Saturday, and open Sunday from 10:00 AM to 5:00 PM.

Do you offer loans on items?

Yes, we provide pawn loans on various items, including jewelry and electronics.

What types of items can I pawn at Pawn into Cash?

You can pawn a variety of valuable items, including electronics, jewelry, tools, musical equipment, and more.

What days are you open?

We are open Monday through Friday from 11 AM to 7 PM, Saturday we are closed, and Sunday from 12 PM to 5 PM.

How can I get an appraisal for my items?

You can email us the details of the product you want to pawn for a free appraisal before visiting our store.

How quickly can I receive the funds after approval?

If approved, loan funds can be transferred to your checking account and become available to use as soon as the next business day.

Do I need to have good credit to apply for a loan?

No, a good credit rating is not mandatory; you may even have no credit. The application will not affect your credit score.

What are the repayment terms for the loans?

The payday loan term may range from two to four weeks, and payments are typically made in one lump sum.

PawnShopz | Discover pawn shops in Columbus, Franklin County

pawn shops in Columbus, Franklin County

Buckeye Pawn Shop Inc.

phone language pawn services

Closed today ⌁ 11.0km

Explore quality merchandise & expert..

Bellaire Online Loans

phone language Online Loans

Closed today ⌁ 9.5km

3 years in business

Ohio Title Loans

phone language title loans

Closed today ⌁ 11.1km

12 years in business

Lev's Pawn Shop

phone language pawn shop

Closed today ⌁ 5.2km

9 years in business

Buy Here Sell Here Pawn Shop

phone language Pawn Shop

Closed today ⌁ 1.0km

2 years in business

GoTitleLend

phone language title loans

Closed today ⌁ 6.1km

EMPTY years in business

Mike's Pawn Shop

phone language pawn shop

Closed today ⌁ 5.8km

Not found

Cash in a Dash Pawn Shop

phone language pawn services

Closed today ⌁ 7.5km

27 years years in business

Pawn into Cash

phone language Pawn Shop

Closed today ⌁ 7.7km

3 years in business

Quick Cash Loans

phone language fast cash loans

Closed today ⌁ 10.2km