How does a pawn work?

A pawn is essentially a collateral loan. Pawnbrokers lend money based on the value of items you bring in, such as jewelry, electronics, and tools. You can reclaim your item by repaying the loan or choose to forfeit the item.

Why would someone go to a pawnbroker to get a loan?

Pawnbrokers offer a fast, convenient, and private way to borrow money without credit checks. It's a disciplined way to get short-term cash.

How much should I expect for a loan on my item?

Loan amounts vary based on the item's value, condition, and demand. There's no minimum amount, but the maximum can be determined by state laws.

How do you determine the value of the item?

Value is based on appraisal, condition, and marketability. Pawnbrokers use various tools to assess the value of different items.

How can I be sure the merchandise I purchase at a pawn store isn’t stolen?

Less than 0.1% of pawned goods are found to be stolen as customers must provide identification, and the information is reported to law enforcement.

Are pawn shops regulated?

Yes, pawnbrokers must adhere to federal laws governing financial institutions. Regulations also differ by state.

Do pawn customers enjoy the same protections under federal law that customers of other financial institutions enjoy?

No, pawn transactions involve different regulations and require reporting personal information to law enforcement.

Do most pawn customers lose their merchandise?

About 80% of pawn loans are repaid, with many customers returning for repeat loans.

Are pawn rates excessive?

No, pawn rates are aligned with the size and duration of the loan, and there are no hidden fees.

What is an installment loan?

An installment loan is for covering unforeseen expenses, allowing you to repay the loan in equal installments over a specified duration, which offers flexibility.

What are the requirements for obtaining a loan?

You will need to provide your latest bank statement (unless you have online banking), your two most recent pay stubs, identification, a debit card, and a check.

How much can I borrow?

First-time customers at EZ Loans can borrow up to $5,000.

What are your interest rates?

Interest rates vary by product, so please contact us for the most affordable solution and refer to our itemization of charges available on the requirements page.

When are payments due?

Payment due dates align with your pay dates.

Payments can be made via Mastercard, Visa, ACH, Money Orders, and Cash.

When will I receive my funds?

Funds are received immediately upon approval.

Can I pay off the loan early?

Yes, we do not charge penalties for early repayment and encourage paying extra to save on interest.

Do you check my credit score?

We do not use FICO® scores; instead, we use an alternative system that considers various factors to assist customers in securing funds.

Can I consolidate my other loans with you?

Yes, if you bring in your payment history and payoff amount from higher-interest loans, we can consolidate them into a flexible repayment schedule.

What is the most I can borrow with the title of my vehicle?

For Indiana residents, the maximum you can borrow against your vehicle is $15,000, depending on your vehicle's equity and your loan request.

Do I keep my vehicle?

Yes, you retain possession of your vehicle for the entire duration of the loan, provided you stay current with your payments.

How soon will I receive my cash?

Once approved and after providing the necessary documents, you typically receive your cash the same day.

You can apply by filling out and submitting the free online title loan application available on the website.

What types of items do you buy?

We purchase U.S. coins, gold & silver bullion, jewelry, flatware, and other collectibles.

Do I need an appointment to visit?

Yes, visits to our showroom are by appointment only.

Do you offer mobile appointments?

Yes, we offer mobile appointments and can come to you to evaluate your collection.

PawnShopz | Discover pawn shops in Milton, Sussex County

pawn shops in Milton, Sussex County

Crazy Louie's Pawn Shop

phone language pawn shop

Opens at 10:00 AM ⌁ 44.2km

7 years in business

EZ Loans Inc.

phone language cash loans

Opens at 9:00 AM ⌁ 18.8km

23 years in business

Title Loans Indiana

phone language Car Title Loans

Opens at 9:00 AM ⌁ 3.1km

Title Loans Indiana can provide you ..

Midstate Coin & Currency

phone language coin buyer

Opens at 9:00 AM ⌁ 34.7km

4 years in business

Cape May Coin and Jewelry Exchange

phone language coin buying

Closed today ⌁ 48.2km

EMPTY years in business

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