Your Apache Junction Pawning Preparedness Plan

When you need some extra cash, you might think about heading down to an Apache Junction pawn shop. However, if you’ve never gotten a pawn loan before, you might not know what to expect. In fact, you might believe some misconceptions about pawn shops, such as that they are only for low-value items or those looking for small-time loans.

In Arizona, there are a wide variety of pawn shops, including high-profile shops that can offer high-dollar loans. Learning more about your options and the pawn process can help you be better prepared before you make a decision. Here’s what you need to consider:

Your Apache Junction Pawning Preparedness Plan

Your Apache Junction Pawning Preparedness Plan
Learning more about your options and the pawn process can help you be better prepared before you make a decision!
Apache Junction, Arizona

What are Your Needs

When you visit a pawn shop, you have two options for getting cash: Selling your items or getting a pawn loan. Depending on the item and the pawn shop, you might be able to get more money for your item by putting it up for a pawn loan instead of selling it outright. That’s because the pawn shop can charge interest on the pawn loan to earn profits. If you want to sell the item, the only profit is in the markup, so the pawn shop has to offer you a little less.

How much money you need may determine your choice. Of course, whether you care about getting your item back will also determine your choice. You may be more willing to pawn your grandmother’s ring since you know you’ll get it back instead of selling it outright.

How Pawn Loans Work

Apache Junction pawn loans don’t work like traditional loans. You don’t have to go through an application process or have your credit checked. The only thing you have to have is an item of value.

After your item is assessed, the pawn broker will offer you an amount. If you accept the amount, you will sign a contract outlining the terms, including how long the loan will last, the interest rate, and the monthly payments. After you finish making all the payments, your item will be returned to you. If you decide that you no longer want the item, you can stop making payments and leave the item in pawn.

Interest Rates

Interest rates vary by pawn shop, just as they do for banks and credit cards. However, you can typically expect to pay less in interest on a pawn loan than you would for a payday loan or even for some credit cards. This is especially good news for those who have poor credit or no credit history, since they would only be eligible for the highest interest rates from traditional lenders (if they were approved for financing at all).

How Much You can Get

How much you can get largely depends on what you are pawning and what pawn shop you are visiting. You can get a pawn loan for as little as $2 or as much as $1 million or more. You can pawn everything from CDs and DVDs to cars and houses. The largest pawn shops have the storage facilities, security and cash flow to safely pawn even the largest and most valuable items.

In Apache Junction, Pawn Now offers some of the best rates on pawn loans for everything from guns to boats. Our large storage facility can house even the largest items, like aircraft or jet skis. The facility is monitored by a 24/7 surveillance system, so you can feel confident that your valuables are in safe keeping while they are in pawn. We offer pawn loans up to $1 million or more, so we can give you the money you need for your valuables. Visit one of our Arizona pawn shops today to find out what your valuables are worth.

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Pawn Now

Pawn Now Phoenix – 85043
691 W. Baseline Rd.
Phoenix AZ 85043
Phone +1 602 276-1664

Pawn Now Phoenix – 85022
14601 N Cave Creek Rd.
Phoenix AZ 85022
Phone +1 602 765-4444

Pawn Now Phoenix – 85019
4135 W. Indian School Rd.
Phoenix AZ 85019
Phone +1 602 442-2160

Pawn Now Mesa – 85207
8151 E. Apache Trail‎
Mesa AZ 85207
Phone +1 480 964-6666

Pawn Now Mesa – 85210
1145 S. Mesa Dr.
Mesa AZ 85210
Phone +1 480 668-1009

Pawn Now Chandler – 85225
1731 N. Arizona Ave.
Chandler AZ 85225
Phone +1 480 821-7296

Pawn Now Apache Junction – 85120
900 W. Apache Trail
Apache Junction AZ 85120
Phone +1 480 288-7296

Pawn Now Mesa – 85204
361 S. Lindsay Rd.
Mesa AZ 85204
Phone +1 480 777-7771

Pawn Now Scottsdale – 85257
7841 E. McDowell Rd.
Scottsdale AZ 85257
Phone +1 480 300-4653

2018-01-08T17:27:43+00:00 June 8th, 2015|Categories: Loan|0 Comments