A pawn loan is a cash loan that a customer gets in exchange for personal property. The item is stored with the pawnbroker until the customer redeems it according to the agreed terms, or the pawn contract defaults. Once a pawn loan is processed, the consumer has 120 days to pick up the item with the payment of the principal amount and the final charge. If you can’t redeem your item, you also have the option of paying the interest to extend the loan another four months. If the loan is not repaid on time, including the interest, the pawnbroker can legally sell the item. One thing to be noted here is that during the loan period, the item is not up for sale. Thus, items that are not redeemed become bargains for other customers, and instead of pawning, items can also be sold directly to the pawnshop. Therefore a pawn shop is run by pawn brokers who lend cash loans against various items that range from gold, silver, diamonds, jewelry, musical instruments, electronics, tools, and collectibles. Reach out to the best pawn shops in Bakersfield, CA!

One can pawn anything that has a resale value like gold, silver, diamonds, jewelry, watches, televisions, music systems, mobile phones, Playstations, cameras, laptops, vehicles, paintings, sports equipment, and more at the best pawn shops in Bakersfield, CA! 

Yes! Precious metals are still worth something depending upon the prevailing market rates. Reach out to the best jewelry store in Bakersfield, CA today!

Part of being the best pawn shops in Bakersfield, CA is informing our customers about the expiry of their loans so they always have the option of renewing. However, if you don’t want to make a payment and redeem your item, you are not required to do anything else in which case our pawn shop will take legal possession of the item at the end of the 10-day grace period. 

You do not! Pawn loans are backed by the collateral you bring and not your credit history. According to the National Pawnbrokers Association, pawn transactions average less than $180 nationwide, and pawnbrokers make thousands of loans daily for less than $50. Reach out to the best pawn shops in Bakersfield, CA today for more information!