​How to pawn for the most cash in three steps!

Ever wonder how much money you should get when you pawn something? How much interest pawn shops should charge you? What pawn shops are near you and which ones you can trust? Consumer news alert!! Pawnoffer.com is your friend in the pawn business! Step 1! Know how much to get before you pawn and get the most cash! At pawnoffer.com you can use a pawn offer calculator by entering your item’s description and you’ll get an instant pawn quote. Pawn shops generally lend 30 to 40 percent of an item’s resale value and you should always research before you pawn so your mind can be at ease. As for jewelry, diamonds, and precious metals – you can use the jewelry pawn calculator to know how much to get before you pawn by entering what type of metal your jewelry is made of and other details. The important thing is that you research your item’s current resale value before you leave it as collateral at a pawnbroker. Step 2! Know how much interest you have to pay for a pawn loan. You can use pawnoffer.com’s pawn interest calculator to know how much interest you should pay on a pawn depending on where you live. Interest rates on pawn loans vary depending on where you are. You can always call your local shop and ask as well. Loans can vary depending on locations because pawn shops compete like any other business. Just remember, their are limits set by federal and state laws that you could easily research on your own. You should search for pawn shop regulation online by state so you can see that the pawn shop industry is highly transparent and highly regulated. In many cases the interest rates you pay for a cash loan at a pawn shop will be much less than that of other short-term lenders. Step 3! Find a reputable pawn shop that offers interest promotions and great customer service. Once you are well informed you can search pawnoffer.com’s pawn shop directory to find pawn shops in your area for free. Contact pawn shops and ask questions directly, no middle man or waiting. Like any other business most pawn shops poise themselves to give their existing and prospective customers good customer service. Call and ask questions about step 1 and 2. And ask for interest promotions. Don’t be afraid to compare what unique thing each pawn shop offers. You can create a free account and leave a pawn shop a review for free. My goal and the theme of our pawn guide is to teach honest people more about how pawn shops work and when and how to pawn. Please remember.. know how much to get and how much to pay before you pawn to get the most cash on your loan. Then find a reputable pawnbroker that offers promotions and good customer service. I hope this guide has helped you decide if a pawn loan is a good option to meet a short term cash need. Best of Luck!