A Pawn Loan is a quick and easy way to get a loan on something of value without all the hassle.
You bring something of value into the store (jewelry, electronics, tools, musical instruments, sporting goods, ANYTHING! of value) and we give you a loan based on the value of that item and hold it in the store until you pay off the loan. It’s that simple. Here’s a detailed description of the process:
Bring an item of value to one of our Cash Express Pawn Stores. Be sure to bring a valid government-issued photo I.D. You must be 18 years of age or older to obtain a pawn loan.
We will evaluate and appraise your item and offer a loan to you based on its value. We will hold your item to your due date, and you can take the cash to use however you choose.
Pay your loan balance and pick up your item. For more flexibility, Cash Express offers three easy, convenient payment options:
Pick up or Redeem – pay you pawn loan off in full and take your item home
Extension – if you are not able pay-off your pawn loan in full on its due date, you can pay a portion of the interest owed and “extend” your pawn loan by the number of days’ interest paid
Renewal – if you are not able to pay off your pawn loan in full on its due date, you can pay all of the interest that has accrued on your pawn loan and enter into a new pawn loan agreement. The original principal amount, interest rate, and term of the loan remain the same, but the due date is reset to reflect the new loan agreement
Pawn loans are typically 30 days in length and offer a 30-day or 60-day grace period depending on state law. If you are not able to pay back the loan in full, we offer renewal or extension options to give you more time, or you may choose to surrender your collateral as payment in full.
Pawn loans are not available in all stores – to see if Cash Express offers pawn loans in your area, visit our store locator here. If you would like to learn more about our Pawn loans, please give us a call or stop by a store near you today.