Cash Express is a Philadelphia pawn shop near you on whom you can depend. We are the number one pawnbroker in the area for Quick Cash. Specifically, we are always happy to consider loans for high-end pieces like precious metals, gems, watches, and antiques. 

Pawning Isn’t Always Selling

When you need money quickly and consider pawning something on hand, you do not have to sell it. The truth is that many people have valuables with high sentimental value, and they don’t want to trade them in permanently. That’s where pawning your item comes into consideration. 

What is a Pawn Shop Loan

Going to a Philadelphia pawnshop near you for a loan is much easier than securing one from a financial institution. There are no credit checks, meaning your credit score won’t suffer. Additionally, you don’t have to worry if you have bad credit. 

Here’s how it works.

1. You bring the item to the store

2. The pawnbroker will check the item and assess the value

3. At this point, you can get the loan value or sales value. 

4. If you choose a loan, review the terms of the agreement. You must approve the interest rate and payment period. 

5. Local laws govern the amount of interest a pawn shop can charge. In Pennsylvania, it is 2.5% monthly plus a $1 service charge.

6. Once everything is signed off, you get your fast cash and a pawn ticket.

DO NOT LOOSE THAT TICKET

You will need it to get your item back when you complete the loan

7. If you cannot repay the loan, it becomes the shop's property, and they can sell it.

8. Some stores will offer loan extensions, but be prepared for a potential fee and, of course, more incurred interest. 

Selling

If you don’t mind selling your item, you can certainly do so. Again, a Philadelphia pawn shop near you, like Cash Express, will give you immediate cash based on the value minus enough for the store to make money. We can then add it to our gallery of goods. 

What Can You Sell?

The answer to that question is nearly anything. The bigger question is how much money you need for your current situation. When you know that, you can assemble a bundle of things that can potentially add to that goal. Remember you won’t be getting retail, so plan accordingly. 

Most Philadelphia pawn shops near you, like our store, are looking for specific items. We constantly watch for game consoles, electronics, bikes, precious metals (including coins), jewelry, cell phones, tools, watches, collectibles, and designer clothing, just to name a few. We watch consumer trends to see what’s popular, but we also appreciate one-of-a-kind, unique items. 

We also have Ark Antiques, specifically for those historical items and vintage treasures. Bring in those candelabras, vases, statues, and silverware! You may have a gold mine without even realizing it. 

Take a Field Trip to Cash Express!

You may feel a little odd about going to a pawnshop for quick cash, but you’re taking part in a history going back 3,000 years. It’s not newfangled, and we promise you welcoming smiles and answers to your questions. You can get in touch with us before your visit in three ways:

• Use our online contact form 

• Email us at info@pawnphiladephia.com, or 

• Call our office at 215-922-1560.