You have questions about pawn? We have answers!

Question 1
What is the difference between a pawn shop and a payday loan company?

Unlike payday loan companies, we offer a quick and convenient way to obtain a short-term loan without a credit check or going deeper into debt. With a pawn loan you will also not over-extend your credit or have your wages attached for non-payment of the loan, nor are hidden costs associated with a pawn loan.

Question 2
How does pawn work?

A pawn is another term for a collateral loan. Pawnbrokers lend money on items of value ranging from gold and diamond jewelry, musical instruments, televisions, electronics, tools, household items, firearms, and more. Loans are based on the value of the collateral. When you pay back the loan, your merchandise is returned. You may also choose to surrender your collateral as payment in full. Pawn shops may also offer extensions/renewals (where permitted by state law).

Question 3
How much should I expect for a loan on my item?

Loan amounts vary according to the value of the item. There is no minimum dollar amount allowed on a pawn transaction, but the maximum amount may be set by state pawn laws. Your loan amount will be determined according to other factors as well, such as demand and condition of the item. Not all pawn stores are the same and prices will vary.

Question 4
How do you determine the value of the item?

Pawn shops base the value of the item on current appraised value, its current condition and the ability to sell the item. Pawnbrokers use research tools that they have at their disposal to determine an item’s value and get you the most money for the item. The appraisal process varies depending on the type of item – for example, jewelry is evaluated differently than a DVD player. All items that pawn shops buy or pawn are tested to ensure that they work properly.

Question 5
Why TNT Pawn?

Here at TNT Pawn & Jewelry, we respect your belongings, value your business and offer helpful, friendly and knowledgeable customer service that will have you coming back again and again. Come on in and meet our team. We’re here to help!


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