Fast, Easy Secured Loans in Mississippi
Pawn loans are a quick and easy way to borrow money without a credit check or hassle. Loans are based on the value of your itms, not your credit rating or pay schedule. A pawn loan has a state required term length of one month. If you cannot pay back your loan in full, we offer renewals to give you extra time. You may also choose to surrender your collateral as payment in full.
If you are unable to pay back your loan in full on its due date, just let us know that you would like to renew the loan. With a renewal, you pay the pawn service fee that has accrued on your loan in full, and recieve a new due date. The principal loan amount remains the same, as does the interest rate, but the due date is reset for the full loan term.
We loan on a variety of items, including gold and diamond jewelry, electronics, musical instruments, tools, and more. Simply bring us an item of value, along with a valid photo ID and we’ll get you money in minutes after your loan is approved.
Many customers decide to repay their pawn loan in full and pick up their merchandise and also many will decide that they would prefer to renew the loan for as long as they would like. Eventually if a customer chooses not to repay the loan or to renew the loan, the merchandise/collateral for the loan is forfeited. We will also purchase items of value if you do not want to get a pawn loan. We base pawn loan amounts on the value of your item—its current appraised value, its current condition and our ability to sell the item. We use all the research tools we have at our disposal to determine an item’s value and get you the most money we can.
The appraisal process varies depending on the type of item—for example, jewelry is evaluated differently than a DVD player. We have an internal pricing and research department that reviews thousands of items to ensure that our loan values are in line with the general marketplace for pre-owned merchandise. They provide us with the item’s retail value when it was new, its pre-owned market value, and how to determine its condition. If you find yourself in need of a Quick Cash Loan, stop by Best Pawn and Jewelry 6 days a week. Open Monday through Saturday, we would be happy to give you the cash you need, today!