The terms of the loan are printed on the pawn ticket. Each loan is written for a period of thirty (30) days from the first day of the loan. At the beginning of each loan period, a finance charge is applied to the account. The pawn ticket will have your personal information, the ticket number, the amount you are borrowing, the date the loan is made, the date when the loan is due and the rate of interest charges in percentage and in dollar amount. Also included on the ticket will be a complete written description of the pledged merchandise. Additionally, we will take a picture of your jewelry when we write the loan. You may have more than one loan at a time.
At the end of the loan period, you have three options:
1) You may choose to redeem your loan by paying the principle amount loaned plus whatever finance charges have accrued on the loan.
2) If that is not possible, you may choose to pay only the finance charge and continue to keep your merchandise in pawn.
3) If you know that you are not going to be picking up your loan, you can let the loan forfeit without any further action. Remember that the loan is secured by the value of your jewelry. There is no affect on your credit score and we will be happy to write you loans in the future.
State and federal laws regulate the privacy of your loan transactions with us. We have procedures in place to safeguard your information. We do not sell your personal information for mailing lists or any other reason. Access to personal and merchandise information is only provided as required by law.
You must be at least 18 years old.
You must have a valid government issued photo ID. It can be of the following:
- Drivers license
State issued ID
You must bring an item(s) of value that you can use as collateral for your loan