HOW EXACTLY DOES A PAWN LOAN WORK?
A Pawn loan is when you exchange an item for cash from a licensed pawn shop for a specified period of time. Your item must worth something in case you default on the loan. The average loan has 30 days before any interest is charged by a shop. If you can’t pay back your loan, your item becomes the property of the shop you borrowed from. The loans length will vary as will the interest depending on hat state your in. When you take a pawn loan you will also get a pawn ticket. This document includes the details of your loan’s specifications, so make sure to read it.
HOW DO I USE PAWNGURU?
You visit PawnGuru.com on your phone, tablet or regular computer to submit as many items as you want to dozens of pawn shops in your area. You’ll be ask to provide details about your item and if you want to pawn or sell. Once you submit an item on PawnGuru, instant messages are sent out to nearby pawn shops who will review your items information and send a direct cash offers if interested. Within a few minutes, you can start to receive multiple cash offers, and you just choose the best offer or a shop that you like. The last step is to bring your item to the shop so you can finalize the deal.
HOW MUCH WILL PAWNGURU CHARGE ME?
PawnGuru is 100% free! We never charge users to submit items. We give everyone unlimited access to pawn shops who are willing and actively searching for quality used goods.
WILL A PAWN SHOP SEE MY PERSONAL INFORMATION?
PawnGuru does not share your email, address, phone number or any other private information with pawn shops. They do not see, nor need your credit score either. We conduct all communication between you and pawn shops anonymously. A pawn shop will only know who you are if you decide to call them or go into the shop yourself to finalize the deal.
CAN I SELL MY ITEM INSTEAD OF PAWNING IT?
Yes. Pawn shops buy and loan on most items. When completing the PawnGuru submission process, we ask whether you want to pawn or sell. This feature informs the shops exactly what you want to do, and makes the process smoother.
HOW MUCH MONEY CAN I GET FOR MY STUFF?
Anything is possible. There is no limit other than the value of the item you have. Also, some items sell better in certain areas while others will do the opposite. In general, your item will receive higher cash offers if it’s rare, collectible, or in demand.
DO I HAVE TO CHOOSE A CASH OFFER?
NO! You are never obligated to accept a cash offer on PawnGuru. Even if you liked an offer and brought your item to the shop – you still would not be obligated to accept it. It is your choice whether to finalize the deal or not.
WHAT TYPE OF STUFF CAN I PAWN ON PAWNGURU?
On PawnGuru, we’ve seen users submit jewelry, gold, silver, diamonds, firearms, musical instruments, boats, sports cars and even a jet pack! It’s safe to say that out of the dozens of shops in your city, someone will be interested in your item – as long as your item has value and can be resold. If you have any questions about item submissions or want tips to help you receive the best cash offer, please don’t hesitate to send us your questions to: help@PawnGuru.com.