Pawn shop loan terms you’re in need of quick cash or looking for a deal on an item, pawn shops (or pawnbrokers) can be a great resource. While many people think of pawn shops as seedy places, the truth is that pawnshops can offer some pretty amazing deals on jewelry, electronics and firearms. Plus, it’s often easier and faster to sell items in person than online or through the mail.

A pawn shop, or pawnbroker, is a place where people can sell or borrow items with a set term and documentation. For example, if you bring in an expensive piece of jewelry or a gun that would be difficult to sell elsewhere, a pawn shop might loan you 50% of its value for 30 to 60 days. However, you’ll have to pay interest on the loan.

Easy Pawn Loans: Simplifying the Pawn Loan Process

If you don’t want to take out a loan, there are also a number of items you can buy at a pawn shop, from tools and musical instruments to DVDs and games. Lauren Kaminsky Goldman, the woman behind New York’s coolest pawnshop, Beauty & Essex, is responsible for making pawning cool, and she says that to find a good deal at a pawn shop, you should have an open mind and be willing to check back frequently.

EZ Pawn Corp, which has been around for over 35 years, is another high-rated Manhattan pawn shop with a 4.4 rating on Google. They say that they’ll “buy, sell or pawn everything,” including jewelry, electronics, tools and even cars.

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