What is a pawn loan?
A pawn loan is a loan from a licensed pawn shop using an item of value as collateral to secure the loan. Pawn loans allow consumers in need of immediate cash, to obtain a loan using an item of value they currently own.
How does PawnGuru work?
You submit your item information along with a picture of your item at Pawnguru.com. PawnGuru works with local pawn shops who compete for your item. PawnGuru will send you back offers from local pawn shops. You choose the shop you want to go to. You visit the pawn shop in person to finalize the price and get your cash.
How much does PawnGuru charge?
PawnGuru is 100%, absolutely free of charge. We never charge for you to submit an item. We don’t ask for a credit card or even your name. Try us out - it’s fast, easy, and free.
Will pawn shops see my personal information?
PawnGuru does not show or share your email address or any personal information with any pawn shop. We conduct all communication between you and pawn shops anonymously. A pawn shop will only know who you are when you decide to call them or go into the shop yourself to close the deal.
Can I sell my item or just borrow?
Yes. Pawn shops are generally willing to buy or give you a pawn loan for your item. When completing the PawnGuru submission process we will ask you whether you wish to pawn or sell your item.
What is the minimum and maximum amount of money I can get for my item?
PawnGuru does not actually give pricing on items. The offer amount will vary by pawn shop.
Am I obligated to take an offer?
No. You are not obligated to take offers you receive from PawnGuru.
What can I pawn or sell with PawnGuru?
Pawn shops are well known for buying or lending against lots of different items. If you are not sure about your item, we encourage you to use PawnGuru to see if a shop in your area is willing to offer on it. PawnGuru is free to use, so there is no harm in submitting an item and seeing what shops will offer.
Here is a list of commonly pawned items:
- Musical equipment
- Musical instruments
- Precious metals
- Power tools
- Fur Coats