Frequently Asked Questions

HOW DO YOU DETERMINE THE VALUE OF ITEMS?

We lend based upon the current resale value of an item. This value takes into account a variety of factors including the age of the item. Is it still desirable or has a new product made it obsolete or decreased its value. For example: video game systems out date very quickly, a product that was worth $400 3 years ago may be practically worthless because no one will purchase an outdated platform. Another example would be the nearly 50% depreciation in the value of new VCR's as DVD becomes more mainstream.

HOW DOES A PAWN SHOP WORK?

Pawnbrokers lend money on items of value ranging from gold and diamond jewelry to musical instruments, televisions, tools, household items, etc. These items maintain their value over a reasonable period of time. Usually, loans are small averaging between $75 and $150. However, loans can be as small as $10 to over a thousand dollars depending on the value of the collateral item and the need of the customer.

WHAT IS PAWNING?

Pawn is the age-old practice of loaning money on retained collateral. Pawn is one of the oldest professions in the world. The service we offer is unique because regular lending institutions (banks, savings and loans, credit unions) will not make small loans. They're only interested in large loans.

FOR ALL ADDITIONAL QUESTIONS:

If you have additional questions that were not answered on this page please contact one of our CASH COW PAWN locations. See a complete listing of our locations on the LOCATIONS page of our website.