Frequently Asked Questions

A pawn loan is a type of secured loan in which a borrower pledges an item of personal property, such as jewelry, electronics, or musical instruments, as collateral for a loan. The loan amount is typically a fraction of the value of the pledged item, and the loan term is usually short, ranging from a few days to a few months. The lender retains the right to sell the pledged item if the borrower fails to repay the loan by the due date.

Visit our pawn loans page to learn more.

The interest on a pawn loan is calculated as a percentage of the loan amount and is charged on a monthly or bi-monthly basis. The exact rate can depend on factors such as the value of the item being pawned, the loan term, and Pawn Smart’s policies.

Pawn Smart accepts electronics, gaming systems, televisions, home goods, power tools, hand tools, gold, and silver jewelry, diamonds, luxury watches, designer handbags and accessories, musical instruments, car audio, lawn equipment, firearms, bikes, sporting goods, vehicles, ATVs, trailers and more!

Pawn Smart uses research and market analysis to calculate the value of items. Bring your item to one of our Pawn Smart locations and we’ll provide a quick appraisal.

Pawn Smart is licensed, bonded and insured. We pride ourselves on having state of the art security and protection for your valuables. We guarantee to return your items in the same or better condition than we received them.

Bring your item and a state issued ID.

If you’re unable to pay back the loan, there are no issues. We’ll simply put the item you’ve provided on the sales floor to cover our losses.