Why You Should Get Quick Cash in a Pawn Shop, and How To Do It

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Whether you need to scrounge up money for an unexpected bill, or you’re simply looking to sell off some unused items, pawn shops are a great option for making quick cash. These shops allow you to sell or pawn items of any kind. They can also specialize in specific kinds of items, so searching for one that works best for you is an important step for pawning your items. Here’s what to search for in a pawn shop to best fit your needs.


Pawning is a specific type of service pawn shops offer. Pawning, more commonly known as a pawn shop loan, is a type of financial service, a loan, given with your item as collateral. If you need a small loan, but don’t want to go through the hassle of a bank, simply head to your local pawn shop. Here, they can give you a smaller loan based on the collateral of an item you’re giving up for the time being. If you fail to pay the loan back, they keep the item, but your credit score is unaffected, making it safer as long as you don’t provide an item you aren’t willing to lose.


Selling is also an important service pawn shops provide. Whether you have items you no longer need, or you’re looking to make some quick cash without any strings, consider selling your items to a pawn shop. These stores will appraise your item and pay for it on the spot, no questions asked.

Either way, you’ll want to find a pawn shop that best serves your needs. Many types of pawn shops exist, from those specializing in gold and jewelry, to firearms, to sports memorabilia and much more. Shops that prioritize certain types of items may pay you more for your items than one that doesn’t, as they would properly know the item’s worth. In addition, some specialize in simply buying and selling, while otherwise will specialize in pawning your items. Spend your time researching to make sure you get the most money out of your item.

Why choose pawn shops over banks

Pawn shops offer distinctive benefits for quick cash over banks. Pawning as a service is often in much lower amounts than the loans banks would offer, allowing you to get a much more manageable amount of money. In addition, when an item is pawned, if you cannot afford to repay the loan, the pawn shop keeps your item to sell to recoup their loss, and no hit is taken to your credit store. However, that store may not offer you pawning services again, but that is a much smaller loss than the hit to your credit score would be.

Gems N’ Loans

Whether you want quick cash, researching to get the most money for your effort is important. Find a pawn store specializing in the goods and services you desire, whether pawning or selling, and make sure that they offer you the best price. Consider going to multiple stores and comparing the money you would receive. No matter what, it’s always important to get the most for your work. Gems N’ Loans offers competitive prices on items you want to sell or pawn, and our experienced jewelers are standing by to help you make the most from your pieces!