What is a Pawn Loan?

Why is a pawn loan a better choice?

Feeling strapped before payday? Is this your first time at a pawn store? Do you need cash now with no credit check required?

A pawn loan from Best Collateral may be your solution. If you’ve never received a loan from a pawn store before, hereʼs how it works:

Getting a loan is easy. A pawn loan, also known as a collateral loan, is based on an item of value. Pawn loans are convenient, easy, and never affect your credit.

Find A Store & Get A Pawn Loan Today

An explanation of our pawn process.

Best Collateral’s goal is to lend you what you need. Bring in any item of value; such as jewelry, electronics, musical instruments, or collectibles along with your government issued ID. From there, our lending experts will see if the fair value of your items support the cash you need.

Once we determine a loan amount acceptable to you, it is only a matter of minutes before you are able to leave with the cash you need. We will safely store your items until you are ready to pick them up.

With Best Collateral, you have up to 4 months to pay off the loan. Our interest rates are determined by the State of California, and often cost less than a bounced check or late bill fee.

For example, a loan for $150 at the end of 4 months would cost only $6 a month.

And at the end of the 4-month loan period, if you are not in a position to pay back the loan – no problem – you may either just pay the interest and get 4 more months to pay off the loan or you can go about your business and have no further obligation to Best Collateral. Either way, we will not make a report to any credit agency.

Come into a Best Collateral store to learn more about why thousands of folks like you have found that a pawn loan is an affordable and successful way to meet their short-term cash needs.