Pawn loans are loans in which you “PAWN” a personal item in exchange for an amount of money for a specified period of time (usually 30 days but can vary by state). Your item(s) serve as guarantee for the money borrowed. On your due date you have the option to pay your loan in full and redeem your item(s); or you may choose to extend the loan (if applicable) by simply paying the interest/fees due.
Another option is to not pay the loan in which you will forfeit the items presented for pawn.
A physical assessment of the functionality and appearance of the item will be performed. Items will be tested to ensure that they work properly. If an item is damaged it is worth less than something that looks like new. It helps if accessories like game controllers, remote controls, manuals, the original box, etc. can be brought in but it is not required.
We will perform a test to determine the authenticity of each jewelry piece and weigh it to correctly determine its value. We will also evaluate diamonds for authenticity and determine the size and value of each stone to help get you the money you need.
We can give you an approximate value over the phone. However, to give you the best idea of what we will be able to loan, we need to see the item. The physical condition of an item is an important part of determining the value. We also need to test the item to make sure it works properly.
There are items that Pawn It First may not accept based on market. Please call your local store for more details. We are not able to accept items with a missing serial number. For a list of items we do buy and sell, go to our How-To’s page.