How it Works
A PAWN is a collateral loan. Unlike a bank, where loans are secured by credit, a PAWN is a loan secured by valuable items, such as jewelry. During the loan, the jewelry is kept safe in a vault, and when the term of the loan is up, the client may either pay just the interest to extend the loan or pay the interest AND principal (original loan amount) to get their item back. IT’S THAT SIMPLE!
At King Lawrence Pawn Shop, the pawn shop near you, you don’t need to settle for a bad deal from a fly-by-night pawn shop. We have more than 25 years of experience, and we know how to treat you right.
- Top Quality Customer Services
- High Quality Jewelry and Products
- Best Prices for All Jewelry
- We Pay Top Dollar for all Gold and Jewelry