What is a pawn shop?
Simply put, a pawn shop is a place where you can buy, sell or trade goods or borrow money against them(see below). Unlike a chain store or conglomerate, a pawn shop deals directly with it’s customers in a personal fashion. You benefit from this because you can sell items directly to us for a fair price and can get a better deal on the items you want to buy than you could otherwise. Why? Because unlike a retail store, our prices our negotiable. Unlike modern retail stores, pawn shops are traditional businesses that date back thousands of years! Indeed, prior to the mid 20th century, pawning items was the single largest source of consumer credit in the United States. Which brings us to the next question.
What is pawning an item?
Pawning an item is simple. You bring us an item with some value and we loan you some money against it. The item serves as your collateral. You then have 30 days to come retrieve your item. When you do so, you pay us the price of the original loan plus interest. It’s that simple.
Why would I do that?
Another easy question. The biggest reason would be because you want/need money now, but don’t want to lose possession of the item. When you pawn an item, you can get it back. You get the money you need without losing something that is precious or important to you.
What other services do you offer?
As mentioned before, we also buy items of value and resell them in our storefront. We also cash checks(not personal checks) for a fee.
Why Gold Star?
Gold Star Pawn is a locally owned and operated business. We are not a chain. We strive to offer the best service, friendliest atmosphere, best prices and best experience we can. For more information please see the “About Us” tab or visit our Facebook page.