Pawnshops & Collateral Loans
Getting a loan through a pawn shop is easier than ever before. Pawn shops can loan on many different items of value that you own and the process only takes minutes.
Your elected politicians determine your interest rates and fees and are standard throughout the state of Oregon.
You can create an accout through us with a valid form of ID. Then we evaluate your item and come to terms on a loan amount.
You can borrow against the value of your jewelry, musical instrument, high end electronic device, firearm and many other items. We store your property safely and insured until you pay back the loan and retrieve your item.
You can even renew your loan indefinitely by making interest payments every 90 days. Only in the event that you decide not to return does the item become our property, fulfilling your end of the loan.
We are strictly confidential and we never report to credit agencies; your agreement is between you and our staff.
Want to Know More?
Pawn shops extend loans to individuals on a short term basis. The store holds their clients collateral until the loan and interest is paid back.
Collateral loans originated over 3000 years ago. The three spheres used as a universal pawnshop symbol were the coat of arms of the Medici Family. The Medici were originally pawnbrokers who later became the largest bankers in the world.
Today, 30% of the general public do not use traditional banking services such as checking and savings accounts or credit cards. Many people are “banking” with alternative sources of credit such as pawn shops because of the convenience and privacy the pawn shop offers them.