Here’s Why Pawn Shops Are Safe for You to Use

February 28, 2020 - Pawn Resources

Are pawn shops safe? If you want the item back that you pawned, is it in the shop’s possession?

About 30 million people are already taking advantage of the services that pawn shops offer each year. Thus, they must believe that using a pawn shop is safe and a good way of getting needed cash.

However, actual data is always nice to have to be sure about something. Let’s take a look at why pawn shops are safe. Then you can rest easy when you pawn your items.

Security Systems and Surveillance

To some extent, your items are safer in a pawn shop than they are in your home or vehicle. Reputable pawn shops employ a number of security measures like cameras or safes to keep the items in their store secure.

In addition, they typically carry insurance in the event that your items are damaged or stolen.

When you enter a pawn shop, take a look around. You’ll probably notice cameras keeping a watchful eye. If you don’t see any, don’t be afraid to ask what security measures the shop has in place.

Jewelry Screenings

Pawn shops usually perform a test on diamonds to ensure they are the real deal when they come into the shop. Most will do the same process when you pay off the loan so you can be assured you’re getting back the same gems.

Work with Law Enforcement

There is a common stereotype that thieves often sell their merchandise to pawn shops. While that may have been true in the past, this is no longer the case.

Pawn shops are now required to request a legal government-issued ID from anyone looking to pawn their items. This practice alone virtually guarantees that thieves will stay far away. They much prefer the anonymity that selling their goods on Craigslist provides.

Pawn shops also report their inventory to local law enforcement agencies. In short, it is quite difficult to fence stolen goods through a pawn shop.

Now You Know Why Pawn Shops Are Safe

Gone are the days when pawn shop dealings seemed to be all suspicious and shady. Pawn shops are far more reputable and a great option for when you’re short on cash.

We hope that this article has helped you understand why pawn shops are safe. To learn more about how to sell items at a pawn shop, check out this post.


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