Pawn and Loan

PAWN / LOAN

HOW DOES A PAWN LOAN WORK?

1 VALUED ITEM

Pawn loans are a quick and easy way to borrow money without a credit check or the hassle of a bank. Crossroads Pawn takes anything of value, whether it is antique, new in the box, vintage, or pre-owned. Loans are based on the value of your collateral and are good for thirty days. At the end of the thirty days you have the option to pay the entire loan or just the interest, or else your loan will expire.

2 PAWN LOAN

The value of your item is determined by looking at “sold” items on the used market, such as eBay. Based on what the items are being sold for we determine a value that we believe we can sell the item for in our store; we typically offer 50% of that amount. The determined amount of value will equal the amount of the loan. (We do NOT do loans on modern firearms.)

3 REPAYMENT

We trade cash on the spot for your item. Each loan contract begins the day it was made and is good for 30 days. Interest may be paid on the loan every thirty days to renew the loan contract. If the loan is not paid at or before the thirty days you have up to fifteen more days before the item is forfeited and sold. At any time, the customer may pay the loan, plus interest, and retrieve their item.

WHY PAWN WITH US?

TAKE ADVANTAGE!

FAIR LENDING

Our business is first and foremost a fair one. Our Pawn Loan process is easy to understand, and our fair loan rates can be easily paid back.

CUSTOMER SERVICE

Our store is clean, well-lit and run by people who pride themselves on providing excellent customer service.

We understand what it is like to live in today’s economy, and we know it’s no walk in the park. Getting a traditional bank loan has become more and more difficult, especially if you are having trouble with your credit score. So, if you are in a bind and in need of a fast, short term loan, then you have come to the right place! Everyday, people just like you find themselves at a pawn shop for the very first time in their lives. We are here to help!