Common Misconceptions About Pawn Loans

Pawn shops are one of the oldest forms of lending, but plenty of myths persist. Let's clear up the most common ones.

Myth: "A pawn loan will hurt my credit."

It won't. There's no credit check to get one, and nothing is reported to the credit bureaus — even if you decide not to repay and forfeit the item.

Myth: "My item won't be safe."

At a reputable shop, your item is fully insured and stored securely — in our case, in a temperature-controlled facility and fireproof vaults with 24-hour monitoring. You get it back in the same condition you left it.

Myth: "Pawn shops lowball you."

Good shops base offers on current market value and professional grading, and explain how they got there. We encourage you to shop your quote around — and we'll honor our offer when you come back.

Myth: "If I pawn it, it's gone."

Not at all. With a pawn loan you retain the right to reclaim your item by repaying the loan plus interest within the term, which you can extend as needed.

Have questions or want a free, no-obligation quote? Contact us or call 678-264-8899 — walk-ins are always welcome at our Roswell store.