Pawn Shop FAQs | 24hrpawns

💰 24HR Pawn Shop FAQs

Here are answers to common questions about how our pawn shop works:

What is a pawn loan? A pawn loan is a type of collateral loan. This means we lend you money in exchange for an item of value you own, with the loan amount based on that item's worth. Once the loan is paid off, your item is returned to you. Alternatively, you can choose to surrender the item as full payment for the loan.
What is a renewal? If you're unable to pay your pawn loan in full by the due date, you may be able to get a renewal. To renew the loan, you must pay the full amount of accrued interest. A new pawn loan is then written, which keeps the original principal amount and interest rate but resets the due date for a full new loan term.
Is a credit check required for a pawn loan? No, a credit check is not required. The only item you need to get a pawn loan is a valid photo ID.

Category Our Focus (Examples of High-Value Items Accepted)

Luxury & Fine Jewelry Gold and Diamond Jewelry – We appraise pieces of all cuts and carat weights.

High-End Timepieces Elite Watch Brands – Including certified authentic models from Rolex, Cartier, Audemars Piguet (AP), and Patek Philippe.

Apple Ecosystem Laptops & Desktops – MacBooks (Air and Pro), iMacs, and iPads – We value current-generation devices.

Mobile Technology Premium Smartphones – All iPhones, and recent Android flagships, such as the Samsung Galaxy S24 and newer models.

Professional Imaging Photography Gear – Modern Cameras, high-quality Lenses, and professional Camcorders.

New Unused Kitchen & Home Goods – Including specialty items like Breville barista espresso machines and Keurig systems.

Office & Printing New-in-Box Printers – Specifically high-performance models like the Epson EcoTank ET-8550.