A pawnshop issues quick small and/or short-term loans based on your collateral with no credit checks. Customers can also sell their new or used items for cash.

Why would a person use a pawnshop for a loan?

Pawnshops provide a fast, convenient, and confidential way to borrow money without a credit history check.

How does a pawn loan work?

Loans are determined by the value of your collateral, not your credit score, and typically last for 30 days with a possible 30-day grace period.

What are the charges/interest on a pawn loan?

In Illinois, total charges for pawn loans cannot exceed 20% per month, inclusive of finance and storage fees.

Can I buy/sell/pawn a gun?

Yes, Midwest Exchange is licensed to transact firearms, along with related items like ammo and scopes.

How do you determine the worth of my collateral?

The loan amount is based on the item's condition, marketability, and current value, assessed through in-depth research.

Are pawnshops regulated?

Yes, they are regulated at both state and federal levels, adhering to laws that protect consumers.

How many pawning customers lose their merchandise?

Approximately 70 to 80 percent of pawn loans are repaid, allowing customers to reclaim their items.

What types of jewelry do you offer?

We offer a wide range including engagement rings, wedding bands, bracelets, earrings, and custom jewelry.

Do you have financing options?

Yes, we provide 0% financing options to make your jewelry purchases more manageable.

How can I schedule an appointment?

You can book an appointment via our website or by calling our store directly.

What is your return policy?

Our return policy allows for returns within 30 days with a receipt.

PawnShopz | Discover pawn shops in Illinois, Bloomington

pawn shops in Illinois, Bloomington

Midwest Exchange

phone language pawn shop

Open until 6:00 PM ⌁ 0.7km

13 years in business

Hustedt Jewelers

phone language Custom Jewelry

Open until 3:00 PM ⌁ 0.7km

18 years in business

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pawn shops in Illinois, Bloomington

Midwest Exchange

Hustedt Jewelers

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