30-32 SOUTH PARK STREET

MANSFIELD, OHIO 44902

[FFL DEALER]

[PB.100189.000​]

BUY-SELL-LOAN

 419.522.PAWN (7296) 

Frequently Asked Questions (FAQs)


HOW DOES A PAWN WORK?

A PAWN IS A COLLATERAL LOAN. WE LEND MONEY ON ANY QUALITY MERCHANDISE. THESE LOANS ARE BASED ON THE VALUE OF THE COLLATERAL PROVIDED. WHEN A CUSTOMER REPAYS THE AMOUNT BORROWED PLUS THE STORAGE & INTEREST FEES OWED, THEIR COLLATERAL IS RETURNED TO THEM. A CUSTOMER MAY EXTEND THE TERM OF THEIR PAWN BY PAYING THE STORAGE & INTEREST CHARGES OWED. (CLICK HERE TO LEARN MORE)


WHAT ARE YOUR PAWN RATES?

> 6% (OF AMOUNT BORROWED) INTEREST PLUS $6.00 STORAGE FEE PER MONTH.
>> EXAMPLE #1: $50 LOAN - MONTHLY STORAGE & INTEREST = $9.00
>> EXAMPLE #2: $100 LOAN - MONTHLY STORAGE & INTEREST = $12.00
>> EXAMPLE #3: $200 LOAN - MONTHLY STORAGE & INTEREST = $18.00


WHY SHOULD I GO TO A PAWNBROKER FOR A LOAN?

> PAWN LOANS ARE BOTH QUICK & CONFIDENTIAL.
> PAWN LOANS DO NOT CAUSE CONSUMERS TO OVEREXTEND CREDIT OR GO INTO BANKRUPTCY.


ARE PAWNSHOPS REGULATED?

YES. PAWNSHOPS LICENSED IN THE STATE OF OHIO ARE REGULATED BY THE OHIO DEPARTMENT OF COMMERCE, DIVISION OF FINANCIAL INSTITUTIONS. AS A LICENSED FEDERAL FIREARMS DEALER (FFL), WE ARE ALSO REGULATED BY THE BUREAU OF ALCOHOL, TOBACCO, FIREARMS, AND EXPLOSIVES (ATF).


WHAT CAN I PAWN OR SELL?

WE ACCEPT ANY QUALITY MERCHANDISE THAT POSSESSES SUFFICIENT RESALE POTENTIAL WITHIN OUR CURRENT MARKET LANDSCAPE.


WHAT IS THE DIFFERENCE BETWEEN PAWNING & SELLING MY ITEM(S)?
> A PAWN IS A COLLATERAL LOAN THAT ALLOWS YOU TO REDEEM YOUR ITEM. THE ITEM(S) PAWNED ARE STILL YOURS. ITEMS PAWNED ARE NOT OFFERED FOR SALE AS LONG AS THE TERM OF THE LOAN. REMEMBER, PAWN LOANS ARE CURRENT FOR AN INITIAL TERM OF 90 DAYS AND MAY BE RENEWED AS MANY TIMES AS YOU WISH.
> SELLING YOUR ITEM(S) WILL RESULT IN AN IMMEDIATE TRANSFER OF OWNERSHIP TO THE PAWNBROKER FOR EVENTUAL RESALE OR OTHERWISE.


CAN I HAVE MORE THAN ONE ITEM IN PAWN AT A TIME?
YOU MAY PAWN AS MANY ITEMS AND HAVE HAS MANY PAWN TRANSACTIONS AS YOU WISH TO MEET YOUR FINANCIAL NEEDS/GOALS.


WHAT DO I NEED TO BRING WHEN I PAWN MY ITEM(S)?
YOU MUST BE AT LEAST 18 YEARS OF AGE AND PRESENT A VALID GOVERNMENT-ISSUED PHOTO ID.


WHAT TYPE(S) OF PAYMENT METHODS DO YOU ACCEPT?
> CASH PAYMENT IS REQUIRED AS PAYMENT ON YOUR PAWN(S) STORAGE & INTEREST AND TO REDEEM YOUR PAWN(S).
> FOR IN-STORE (MERCHANDISE FOR SALE) PURCHASES, WE ACCEPT CASH AS WELL AS VISA & MASTERCARD (DEBIT CARDS / CREDIT CARDS).


WHAT HAPPENS IF I DECIDE NOT TO REDEEM OR EXTEND MY PAWN?
YOUR ITEM IS THEN OFFERED FOR SALE.


WHO CAN GET INFORMATION ABOUT MY PAWN(S)?
OUR CUSTOMERS’ PRIVACY IS EXTREMELY IMPORTANT TO US. WE DO NOT RELEASE YOUR INFORMATION TO ANYONE BUT YOU, EXCEPT IN THE CASE OF LAW ENFORCEMENT AS REQUIRED BY LAW.


HOW CAN I BE SURE THAT THE MERCHANDISE PURCHASED FROM A PAWNSHOP IS NOT STOLEN?
WE TAKE EVERY MEASURE AT OUR DISPOSAL TO ENSURE THAT ALL OF THE MERCHANDISE WE RECEIVE IS NOT STOLEN. IN ORDER TO SELL OR PAWN AN ITEM, CUSTOMERS MUST PROVIDE POSITIVE IDENTIFICATION AND A COMPLETE DESCRIPTION OF THE ITEM(S) IS RECORDED ON THE PAWN TICKET OR BILL OF SALE. THIS INFORMATION IS THEN TRANSMITTED TO LAW ENFORCEMENT ON A DAILY BASIS. ITEMS BOTH PAWNED AND SOLD ARE HELD FOR A DESIGNATED PERIOD OF TIME (SET BY STATE LAW) TO ENSURE THE IDENTIFICATION OF ANY MERCHANDISE REPORTED STOLEN TO LAW ENFORCEMENT. AS A RESULT OF THESE MEASURES, YOU, AS A CONSUMER, ARE PROTECTED FROM ANY LIABILITY OF PURCHASING STOLEN GOODS.


WHAT SERVICES DO YOU OFFER?

FOR A COMPLETE LIST OF OUR SERVICES (CLICK HERE)



FOR MORE INFORMATION -​ CALL US @ 419.522.PAWN (7296)