Loan

Have you fallen behind on medical or car payments? Perhaps you had to miss some unexpected time at work and your paychecks were a little short this month. Whatever the reason, sometimes you need a quick cash infusion to help you make ends meet.

At NYC’s Pawn Shop, we understand the importance of providing collateral loans to our New York-area customers. With over 20 years of experience in the pawn shop industry and four locations to serve you better, we couldn’t make collateral loans any easier to secure. Our staff provides free, honest appraisals for your collateral, and there are never any credit checks required. As a family-owned business, we understand the importance of you taking care of yours.

The first step to securing a collateral loan from our pawn shop is to tell us the amount you’re seeking to borrow. This is how our simple collateral loan process works:

Bring in your items you’d like to use as collateral (could range from high-end electronics and gemstones to scrap gold, power tools, and antiques/collectibles)
We’ll need to see a valid government-issued ID (driver’s license, passport, etc.)
Our appraisers will examine your item and assign it a fair market value
We’ll offer you a no-obligation collateral loan based on our appraisal

NYC’s Pawn Shop is licensed, bonded, and insured to provide pawn shop loan services. Our collateral loan terms include, but are not limited to, the following:

Our collateral loans come in four-month renewable loan tickets (up to eight months)
There’s no limit as to how many loans you’re allowed with us at a time
Loans may be paid off at any time without an additional charge
If you can not repay the loan back to us, you have an option to pay an interest at percentage rate until you are ready to repay it back
Loans are as low as 1% per month

It Couldn’t Be Easier to Secure a Collateral Loan

How Our Collateral Loans Work

Explanation of Our Collateral Loan Terms

Contact Us Today with Any Loan Questions

Use Our Loan Estimator to Determine Eligibility