Everything you needed or wanted to know about Pawn Shops and Pawn Loans


A pawn loan is a simple easy way to get cash. A loan works like this; you bring something in to one of our locations, we give you a loan against your item(s), 30 days later you pay us back or pay the service charge for an additional 30 days, at the time you are ready pay your loan off and we give your items back to you.

We can offer you a loan over your jewelry, gold, diamonds, rolex watch, smartphones, tablets, tools, sporting goods, computers, game systems, laptops, firearms, and most anything of value.

The 4 most frequently asked questions:

What is a pawn loan and how does it work?

Pawn loans are a simple form of collateral credit. Pawn loans are given in exchange for an item that the pawnbroker holds as collateral until the loan is paid back. We lend anywhere from $5 to $1,400 on one individual item. Customers can have as many loans as needed at one time. The value varies on each item but Tom’s Pawn strives to try and get the customer what they are needing. Our desire is to build a relationship and meet your needs.

What can I pawn?

When we assess the value of the item we look at its current value but we make the loan based on the resale value of the item. The type of item being pawned and its condition makes a difference in the loan value as well. We try to take most things of value including tools, gold, diamonds, jewelry, firearms, electronics, sporting goods, fishing equipment, trailers, yard items, guitars, musical instruments and other resalable items.

How do I actually get the loan?

Visit one of our 4 friendly locations and bring your item in. The pawnbroker will greet you with a smile and ask if you are wanting to get a loan or sell your item. Once a loan or sell is established they will ask how much money you are needing. At that time the pawnbroker will research your item online to see if what you are needing is something they can do. If it is, the pawnbroker will try your item out to ensure that everything is working properly. The next step is to present your current ID or Driver’s License and the pawnbroker will enter your information into the system and give you cash to complete the transaction.

What happens if the pawn loan is not paid back?

We make every attempt to have each and every item that is pawned picked up by the person who pawned it. However, sometimes even after repeated attempts to contact the client the item goes unclaimed. In that case, the item becomes the property of the pawnshop and it is put out for sale to re coup its investment.