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What Is A Pawn Shop?

A pawnshop is a business that is licensed and regulated to give you cash using your merchandise as collateral to secure the loan. The pawn shop is one of the oldest businesses around. They were around in Ancient Greece and the Chinese have had pawn brokers for over 3000 years. It is rumored that Queen […]

In Need Of Cash

Finding yourself short on cash. We offer short term collateral loans on virtually anything of value. That’s right, you get cash based on your collateral not  your credit rating or pay history! At Americas Pawn we will never ask you for your credit information or to fill out a credit app. The only two things […]

Why would an individual use a pawnshop to obtain a loan?

Pawnshops offer the consumer a quick, convenient, and confidential way to borrow money. There is no credit history check before we give you a loan — your merchandise alone determines your credit. A customer receives a percentage of the value the pawnbroker believes the collateral would bring if sold. Although the loan to collateral ratio […]

How Do Pawn Loans Work?

Loans are based on the value of your collateral, not your credit rating or pay schedule. Typically, loans are small — the average pawn loan nationally is around $80.00 — but can reach as high as a thousand dollars or more depending on the value of the collateral. Subject to Washington State law, a typical […]

Who Is Able To Obtain A Pawn Loan?

In order to obtain a pawn loan you must be 18 years of age or older and possess a valid state issued ID. Bring your collateral of value and we give you cash immediately.

How Do Pawn Shops Work?

Numerous people are reluctant to come into the pawn shop because they are unsure how it works. Pawning your jewelry or other valuables is really an easy process. One simply brings in their jewelry or other valuables to Americas Pawn shop. In order for us to place a solid value on your item, we must […]

What Is A Renewal?

If you are unable to pay back your loan on its due date, you can renew the loan by paying the interest only portion of the loan. You will then be given a new loan for another 90 days. The principal amount stays the same, as does the interest rate. You may renew as many […]

How Do We Determine The Worth Of Your Collateral?

We base pawn loan amounts on the value of your item — its current appraised value, its current condition and our ability to sell the item. We use all the research tools we have at our disposal to determine an item’s value and get you the most money we can. The appraisal process varies depending […]

How Do We Determine The Condition Of An Item?

The condition of an item is the first thing we look at during the appraisal. As an example, let’s say two guitars come in at the same time and one looks hardly used, and the other has a big gouge in the side, we will naturally loan more on the guitar that is in better […]

How Do We Determine The Value Of Precious Medals?

The price of gold, silver, platinum and other precious metals is determined by market values, the price for which is reviewed and updated throughout the day. Prices adjust greatly, as the amount we loan/buy on 24K gold, is much higher than what 10K gold will be.