Pawn shops typically allow you to either sell an item outright, or place the item in the temporary care of the store in exchange for a cash loan, which must be paid in full plus interest by a specified date.
Pawn shops are also a great place to buy used goods for a cheaper price.
What kind of things can you sell to a pawn shop?
Best Things to Pawn at a Pawnshop
- Precious Metals. Jewelry is one of the biggest moneymakers in pawnshops.
- Tablets. When you already have a computer and a smartphone, your tablet is an easy target for pawnbroker fodder.
- Power Tools.
- Collectible Coins and Currency.
- Sporting Goods.
How long before a pawn shop can sell your stuff?
Do you have to be a certain age to sell to a pawn shop?
A pawn loan is considered a contract, just like any other loan or financial instrument. Because of that, you normally have to be at least 18 years old to make a pawn loan or sell something at a pawn shop.