We lend money on almost all items of value, from jewelry to tools, musical instruments, firearms, electronics, coins and much more. If you're in need of cash, just bring in an item of value, leave it with us as security that you will pay the loan back, and in minutes walk out with cash in hand.
By providing an item as collateral, the need for a credit check and the need to distinguish high risk from low risk borrowers are eliminated. Once a person receives a loan, they are given 30 days to pay back the loan with interest or extend the loan for as long as you need, as long as you make a payment every 30 days.
All pawn customers receive a detailed pawn ticket of the item pawned, amount borrowed, interest rate, maturity date, due date and the amount due to retrieve the item from pawn. Your pawn ticket is important so be sure to put it in a safe place.
For us to be able to furnish loans, we must charge rates corresponding to the risk, size, and duration of the loan as well as the collateral. Pawn shop loans are generally short term and high risk, the pawned item is the only recourse we have to recover the amount loaned. There are no hidden charges, fees or costs associated with our loans as there are with other forms of lending such as payday advance and bank loans. However, our cost base is much larger. We have costs such as : security, regulation, and storage the other lending institutions do not incur. Because of the small percentage of customers that choose not to pay back their loans, we must recover the loan amount by selling the item on the sales floor. By doing this, we incur additional retail selling costs, that other lending institutions do no incur.
If the borrower is unable to pay back the amount due within the loan period, the item is foreclosed on and becomes property of Paramount Pawn and Jewelry. If you have any questions or concerns please do not hesitate to contact us. We're here to make your experience as easy and worry free as possible.
Can I have more than one pawn loan at a time?
Yes, we do not limit the number of loans that one customer may have.
What if I can't afford to pay my loan off in full?
The minimum required payment is the monthly pawn service charge. Any additional funds can not be used to pay down the principal (amount originally borrowed).
Is my property safe and secure while in pawn?
Yes. In additional to our state-of-the-art security system, we are also fully insured.
I don't want a loan, do you buy items too?
Simply put...Yes! We buy almost anything of value. All that is needed is a government issued ID.
What forms of identification do I need to pawn or sell an item?
You will need a government issued picture ID, such as a State-Issued Drivers License or ID Card, Military ID, Passport, Alien Registration Card, etc.
We lend money on almost all items of value from jewelry to tools, musical instruments, firearms, electronics, coins and much more. If you’re in need of cash, just bring in an item of value, leave it with us as security that you’ll pay the loan back, and in minutes walk out with cash in hand.
By providing an item as collateral, the need for a credit check and the need to distinguish high risk from low risk borrowers are eliminated. Once a person receives a loan, they are given 30 days to pay back the loan with interest or extend the loan for as long as you need as long as you make a payment every 30 days.
All pawn customers receive a detailed pawn ticket of the item pawned, amount borrowed, interest rate, maturity date, due date and amount due to retrieve the item from pawn. Your pawn ticket is important so be sure to put it in a safe place.
To be able to furnish loans, we must charge rates corresponding to the risk, size, and duration of the loan as well as the collateral provided and resell value of the collateral. Pawn shop loans are generally short term and high risk, and the pawned item is the only recourse we have to recover the amount loaned. There are no hidden charges, fees, costs associated with our loans as there are with other forms of lending such as payday advance and bank loans. However, our cost base is much larger. We have costs such as: security, regulation, and storage the other lending institutions do not incur. Because of the small percentage of customers that choose not to pay back their loans, we must recover the loan amount by selling the item on the sales floor. By doing this, we incur additional retail selling costs, that, again other lending institutions do not incur.
If the borrower is unable to pay back the amount due within the loan period, the item is foreclosed on and becomes property of Paramount Pawn and Jewelry. If you have any questions or concerns please do not hesitate to contact us. We're here to make your experience as easy and worry free as possible.
Can I have more than one pawn loan at a time?
Yes, we do not limit the number of loans that one customer may have.
What if I can’t afford to pay my loan off in full?
The minimum required payment is the monthly pawn service charge. Any additional funds can not be used to pay down the principal (amount originally borrowed).
Is my property safe and secure while in pawn?
Yes. In addition to our state-of-the-art security system, we are also fully insured.
I don’t want a loan, do you buy items too?
Simply put…yes. We buy almost anything of value. All that is needed is a government issued ID.
What forms of identification do I need to pawn or sell an item?
You will need a government issued picture ID, such a State-Issued Drivers License or ID Card, Military ID, Passport, Alien Registration Card, etc.
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