Frequently Asked Questions

Frequently asked questions

I need money, what do I do?

If you have an item of value (see “what items can I bring” below), bring it in to our pawn shop. One of our helpful specialists will give you a fair value appraisal, or HIGHEST MAXIMUM DOLLAR VALUE, that we can give. You now have two options: you can either pawn (see “what is a pawn” below) your item or you can sell it to us.

What items can I bring?

This by far, is one of most frequently asked questions, and has a pretty inclusive list. We take anything that has value at our pawn shop. Here is a list of some of the items we take you can get a rough idea of what you can bring to us. These are just SOME of the items we take:

  • Jewelry and Estate Jewelry
  • Gold, Silver, Diamonds, Watches, Fine, Designer, and Estate Jewelry
  • Brands we purchase include Rolex, Cartier, Tiffany, Hamilton, Omega, and other fine watches.
  • Electronics
  • Flat Screen TVs, DVD players, DVDs, Home Audio, Car Audio, Receivers, Computers, Laptops, Monitors, RC Cars, Cameras, Camcorders, GPS, iPhones, Cell Phones
  • Brands we purchase include Sony, Samsung, JVC, RCA, Vizio, and others
  • Video Games
  • PlayStation 5, XBOX Series X/S, and Nintendo Switch.
  • Plus, unlike many stores, we will also buy or loan on your entire collection of games.
  • Musical Instruments
  • Guitars, Basses, Pianos, Drums, DJ Equipment, Mixers, Speakers
  • Vehicles
  • Cars, Trucks, SUVS, RVs, Boats, Motorcycles, ATVs, Dirt Bikes, Quads
  • Tools
  • Drills, Grinders, Routers, Saws, Industrial Tools

If you have any unique item that has value, don’t hesitate to call us. Odds are that we will take it in and give you the highest value possible because we can sell out almost anything. Odd items that we have loaned on include an antique guitar which we loaned $1200.00 on, a very expensive McIntosh Stereo Amplifier, a 38 foot motor-home, a mink coat, a riding lawnmower, and a Suzuki motorcycle. If the item has value and we think we can sell it in the event of a default, we will make the loan.

Please bring in any accessories (remotes, chords, chargers, etc.) to get the MAXIMUM VALUE for your items.

Can I bring my gun in?

We do loan, buy and sell firearms and weapons.  Please refer to our B & B Pawn and Guns site for more information regarding firearms.

How do you determine the value of an item?

frequently asked questions regarding assessmentsWe use an aggressive pricing system that is designed to give you maximum dollar value for your items. For non-jewelry items, we use several resources to value your item and then appraise the condition. For jewelry, we appraise your item based on the market price of gold on the NY Spot Market. WE PRIDE OURSELVES ON PAYING MORE THAN OTHER LENDERS. Come in to our pawn shop for a free consultation.

If you feel that we don’t offer enough, we encourage you to seek further appraisals. The customer’s interest, which is getting the most for their item, is our main priority and we want you to get as much money as possible, even if that means getting additional appraisals from other lenders. WE ARE CONFIDENT THAT WE PAY THE MOST AND OFFER A SERVICE FAR SUPERIOR TO OUR COMPETITIORS. We have a loyal customer base that has realized this fact. Ask someone who has been to our store and they will tell you why they keep coming back.

Can I call for a quote?

We can give you a rough estimate over the phone but to get an actual appraisal, we ask that you bring the item in to our pawn shop.  But, if you are needing a quote now, or more answers, click on the bottom right of the screen.  Our assistants on live chat can answer all of the frequently asked questions and provide an estimated cash offer before you even arrive at our store.


What is a pawn?

A pawn is a 90 day loan in which we hold on to your item as security, until you pay back the loan. Basically, you bring your item in. We give you money and hold on to your item. When you bring back the money we loaned you (the principal) plus the interest, we release the item back to you.

What are the terms of a pawn?

Pawn Loans - B & B Pawn and GoldA pawn is a loan, done by a pawn shop, in which the principal (the amount we gave you) plus the interest on the loan needs to be repaid for us to release your item back to you. Our interest rates are standard with the ARS-44-1626. The first 60 days are 16% interest, based on your principal. The last 30 days are 6% interest, based on your principal, for a total of 22%. There is also the standard $5 ticket fee and $3 police ticket fees.

So I pawned my item, now what?

There are more than one answer to some of our frequently asked questions.  Including this one.

You have two options: rewrite (extend) your loan or redeem (take your item out). To rewrite the loan, pay the interest and your loan extended for an additional 90 days. To redeem the loan, or take your items out, pay the interest and the amount we gave you, then we give you back your item and your loan has successfully ended. You may bring the item back to our pawn shop any time to get another loan.  If you have any beyond the frequently asked questions, please click on the bottom of the screen to reach an assistant on our live chat.

What happens if I don’t pay on the pawn?

This is one of the frequently asked questions we are happy to clarify, and put your mind at ease. We understand that the items you own are very important to you. If you do not pay (either rewrite or redeem), the loan will default and the item will transfer ownership to this pawn shop. HOWEVER, we understand that there are circumstances that may prevent you paying. Call us and let us know if you will be late and WE WILL WORK WITH YOU. Your item doesn’t have to default; we can give you an extension as long as your request is reasonable.

Defaulting on your loan DOES NOT HARM YOUR CREDIT IN ANY WAY. We will never call any collection agency or file a single report. If you don’t pay, we put the item into our inventory and that is all.

What is a title loan?

Title loans in 30 minutes or lessA title loan is often referred to as an Auto Title Loan or a Car Title Loan is a loan against the value of your car. It works the same was as a pawn, except YOU CAN CONTINUE TO DRIVE YOUR CAR. We hold on to a copy of your keys and the title. Auto Title Loans are the best option if you wish to continue driving the car.

If your loan defaults, the pawn shop will assume ownership of your vehicle. If you redeem your title loan, we will release your keys and title, and you will be good to go. With an auto title loan you have the ability to pay just the interest, pay over time, or make a single payment at any time during the term of the loan.

Come in to our pawn shop to get an application packet. Our title loans process in about 30 minutes, very quick compared to other lenders! Our helpful staff will be happy to answer any frequently asked questions and more.

We also offer the unique ability to handle title loans where the value of the vehicle is too low for other lenders to loan on it. In the case of an infrequently used vehicle, a travel trailer, RV, or boat, we are unique in that we can loan on the item at a higher loan to value and store the item in our secured yard.


What does selling it involve?

If you do not want your item anymore and want to sell it to us, it is pretty simple. We appraise your item, give you money for it, you give us the item, and that is all. Bring your item in to our pawn shop or call us if you have any further questions regarding selling your item. There is no faster way to dispose of items that you no longer need and get cash for them. It’s something like taking your stuff to Goodwill, except that we pay you for the items – IN CASH, IMMEDIATELY.


Is my item safe?

We are very happy to answer this one of many frequently asked questions. Your item is as safe at this pawn shop as if it were in a bank. We have a secured storage area, monitored with various high tech alarm systems and video surveillance. Your jewelry will be locked in a heavy duty vault. Your items which are stored inside of our store will NOT BE TOUCHED while they are being securely held. WE GUARANTEE YOUR ITEMS WILL BE RETURNED TO YOU IN THE EXACT CONDITION THEY WERE BROUGHT IN. In addition, your items are insured for their full value.

If you have a vehicle, we will store this vehicle in our secured yard; however, for vehicles stored in our yard we rely on your insurance in the event of a loss. We have had very limited losses in our yard and have never had a vehicle stolen; however, you are required to maintain insurance on the vehicle while it is in our yard.

What are my rights regarding my loan?

The pawn shop industry is strictly regulated and adheres to a strict code of laws. All of our procedures and practices are in accordance with ARS-44 Article 3. In addition to following state regulations, we believe very highly in business ethics and integrity. We promise that you will always be treated fairly under the states’ code of laws and our code of ethics.

Where can I find the laws?

Scroll down to Article 3 and you will be able to find any information you need. If you have any questions, please come in or call us and we will be happy to answer any frequently asked questions and more.