Providence-Pawn-Logo

COLLATERAL LOANS

Pawning is a specific type of collateral loan that allows you borrow money based on the value of your personal item, which is being held as collateral until your loan is paid off. 

Bring in your item of value and walk out with cash-in-hand, no credit check necessary! Please be sure to have your valid government ID.

HOW DOES IT WORK?

We will appraise your item and make you a cash offer. You will receive cash-in-hand and your pawn ticket for your item. The time period for your loan can range from 30 to 90 days depending on the value of the item you bring in. During the loan period, we will securely store your item.

To receive your personal item back, simply pay back your loan and the accrued interest. If you need more time to pay off your loan, you can pay just the current interest on your loan amount and we will extend your due date!

You have the right to forfeit payment on your loan in exchange for personal item, without judgement or impact on your credit score. If you choose to surrender your personal item, then there is nothing further you need to do. 

WHAT CAN I PAWN?

Below are some examples of commonly pawned items. Don’t see your item listed? As long as there is a value for your item in today’s market, we will offer you a loan! Not sure if your item has value? Please give us a call and our experts will do their best to give you an estimate of the value over the phone. 

Is your item too heavy or large to bring in for an appraisal? Give us a call and we can schedule a time to come to you.