1007 1 St SW, Calgary, AB T2R 0T8 | 403-264-5009 | 403-255-3335
How to Pawn Your Goods
A pawnbroker offers small loans to people in exchange for any valuable personal item as collateral. What is pawned for the money is often referred to as a pledge. A number of valuables can be used as pledges, including gold, watches, jewelry, musical instruments, computers and home electronics, among others. A pawnbroker often charges a small amount as interest along with the amount borrowed. If the borrower is somehow unable to return the money within the specified amount of time, the item will be sold off at the pawn shop to any interested customer. Pawnbrokers also accept the sale of articles for cash and not just as collateral.
4 Steps to Pawn Your Item
1. Bring in for evaluation
2. Draw up an agreement
3. 30 days to get back (can be extended on request)
4. Get your items back
FAQ
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Q- What do I need to pawn an item?
A- The item should be in good working condition. You need to produce two forms of ID, one being a government photo ID and one a supporting piece.
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Q- Will a photocopy of my ID do?
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Q- Can I pawn without an ID if I am a repeat customer?
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Q- Will you call me when my item is due?
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Q- If I lose my pawn receipt, can I get the information via a phone call?
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Q- How fast can I pick up my items once pawned?
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Q- If I want to buy something from the pawn shop, how do I ensure that it is not stolen?
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Q- If I don't pick up an item, will it affect my credit?
Quick Facts
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Pawn terms are 30 days
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You can renew for an additional 30 days
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No upfront cost of fees
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Fees and interest paid on pick up
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We loan on luxury goods
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We never deal in replica or counterfeit items
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Cash or cheque within minutes
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Free parking behind the building
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Need ID
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If you do not pick up your item, it will be placed out for sale after the due date.
