We offer 3-month renewable collateral loans secured against personal assets including jewelry, autos, electronics, musical instruments, tools, firearms and more. All loans are renewable, meaning that all loans at the end of the term can be renewed by paying the minimal finance change. All items are evaluated by our well-trained and experienced brokers to ensure you get the most for your valuables. All jewelry items are kept in a secure vault with 24-hour surveillance and security. All non-jewelry items are kept in a clean and organized warehouse onsite. All items are fully insured and are untouched until item is redeemed.
How The Pawn Process Works
1. You bring in merchandise for a free appraisal
2. We come to an agreement on the loan amount
3. Motor City Pawn Brokers agrees to hold the merchandise for at least 3 months
4. You return within 90 days and pay back the loan with interest and get your merchandise back. You may also opt to return within 90 days, pay the finance charge on the loan, and renew the loan for another 90 days.
OR You can elect to sell your merchandise outright. In this case we will appraise your merchandise and offer you a fair price.