Loan Information

Pawn Loans

Put simply, a pawn is a collateral loan. You bring us something of value and we loan you cash for it. It’s that Simple. Pawn loans offer consumers a quick, convenient, and confidential way to borrow money without a Credit Check or the hassle of traditional banking. A Pawn Loan is a 100% Non Recourse Consumer Loan. That means if you default on your loan it in no way effects your credit or your ability to obtain another pawn loan with Royal Pawn. Pawnbrokers lend money on almost anything of value ranging from Gold and Diamond Jewelry to Electronics, DVDs, and even Firearms. Typically, pawn loans are small short term loans averaging between $50 and $100, although they can be as small as $5 or as high as several thousand dollars depending on the value of the collateral.
At Royal Pawn there is no Credit Check or lengthy paperwork to fill out for a loan. Most transactions take less than 5 minutes and you will be greeted and treated with dignity and respect. Bring in your merchandise and a qualified member of our staff with be happy to appraise its value and offer you a loan. If you accept the offer, you will then be informed of the conditions of the loan. All loan terms comply with the federal Truth in Lending Act and customers will be provided with a receipt showing their Due Date, Amount Financed, Finance Charge, Annual Percentage Rate (APR), and a description the item being pawned including any model or serial numbers.

Safe & Secure

While your items are in Pawn, they are still yours, you still own them. All precious metals, diamonds, and jewelry are stored in our secure vaults until you come back to pay your loan in full and claim your merchandise. Hard good loans, such as electronics, are stored with all their accessories including remotes, cords, and cables etc... in our secure facilities. All Pawn items at Royal Pawn are tagged with your Name, Loan Number, Date loan was written, and a description of the item including: serial and model numbers. All items Pawned at Royal Pawn are fully insured for the total loan value of the collateral we keep.