Do most customers sell their merchandise?

On average, 70 to 80 percent of all loans are repaid. Repeat customers make up most of our business, similar to any other lending or retail establishment. Capital Cash Pawn knows the vast majority of their customers because they often borrow against the same items over and over again. Because we use collateral for our loans there is no obligation to repay the loan.

What type of items does Capital Cash Pawn use for a loan?

Capital Cash Pawn will make loans on just about any item of value.

How does a pawnshop work?

Pawnbrokers lend money on items of value ranging from gold and diamond jewelry to computers, musical instruments, televisions, tools, household items, etc.. These items maintain their value over a reasonable period of time and are easy to store, especially jewelry. Customers provide collateral, eliminating the need to distinguish high risk from low risk borrowers. Typically, loans are small averaging between $70 and $100, although they can be as small as $10 or as high as several thousand dollars depending on the value of the collateral. The process is much the same as any other lending institution, with the primary difference being the size of the loan, the collateral and the holding of the merchandise until the interest or the loan has been repaid.

Why pawn to get a loan?

Capital Cash Pawn offers the consumer a quick, convenient and confidential way to borrow money. A short term cash need can be met with no credit check or legal consequences if the loan is not repaid. A customer receives a percentage of the value the broker believes the collateral would bring in a sale.  Although the loan to collateral ratio varies over time and across pawnshops, a loan of about 50 percent of the resale value of the collateral is typical.  When a customer pawns an item, terms of the loan are printed on a pawn ticket that is given to the customer.

How can I be sure the merchandise I purchase at a pawnshop isn't stolen?

Less than one fifth of one percent of all collateral is even suspect as having been misappropriated in any manner. Thieves and robbers are a pawnbrokers worst enemy. Pawnbrokers work closely with local law enforcement to catch and prosecute these perpetrators. A customer must provide positive picture identification to complete the transaction. This information is then presented to local law enforcement, therefore decreasing the likelihood that a thief would bring stolen merchandise to a pawnshop.

How will I be paid?

We’ll pay you Cash On the Spot!

How much can I bring in?

There is no limit on the amount of outstanding loans a customer can have at any given time.

How can I tell if my items are gold?

Bring it into the store and we'll give an instant assessment of the item. Your valuables will not leave your sight.

How much gold jewelry equals an ounce of gold?

It takes 2.4 oz of 10K, 1.715 oz of 14K, 1.3 ounces of 18K or 1.1 ounces of 22K gold jewelry to equal 1 ounce of gold.