How Do I Get a Pawn Loan?

Simply, bring in an item of value and we will loan you cash in return.

If you are in need of a short-term, affordable loan, call or stop in to inquire about our collateral-based loans (also called a pawn loan).

All that is required is your ID* and some type of collateral. We’ll fairly assess your item(s) and based on the value of the item we will make you an offer. If you accept, we’ll input your ID into our system to produce your pawn contract. No Credit Check is required! We can give you a cash loan on the spot. It is a great way to obtain cash fast without having to outright sell any of your prized possessions. Your item is then safely stored until you return to pick it up.

The process is easy, convenient, and will never affect or impact your credit score/history. Our customers come from all walks of life as we pride ourselves in catering to anyone who is in need of our services.

Swing by one of our stores with an ID and one of our staff members will fairly value your item(s) of choice to see if it can cover the cash you are requesting. We determine the loan amount based on the item and its condition – then we can write up a loan and offer you the best deal we can come up with. Furthermore, we will securely stash away your item(s) until you return to pick it up at a designated date.

Need Some Extra Cash to Pay

Need some extra cash to pay some bills or purchase some essential items for the family? Or maybe you have a small business and need a loan to buy some equipment or pay employee salaries? Whatever the reason personal or business Top Dollar Pawn & Jewelry has you covered. We’ve been serving the residents of the DC Metropolitan area for over 25 years and have been helping individuals, families and businesses in the area get extra cash to make ends meet.

We’ve provided loans for as little as $10.00 to loans exceeding $10,000. We provide one month loans with options to renew, and anyone over the age of 18 can get a loan on just about anything of value. We offer loans on jewelry, TV’s, stereos, bicycles, tools, computers, iPhones, tablets and so much more. Better yet, since your loan is collateral based there is no credit reporting that needs to be done to secure the loan.

Why The Pawn Industry And Our Loans Are So Important To The Public?

Lower Debt: Due to the collateral based nature of pawn loaning those seeking loans only borrow what is necessary which keeps their loan debt lower than traditional lending methods.

Lower Fees: Our loan fees are lower than other traditional short-term loans and penalties.

No Damaging Credit Reporting: Since each loan is collateral based there is no need to have to run credit reports which can be harmful to your credit.

A Responsible Option: For those individuals who cannot obtain a loan through traditional lending institutions but need money for diapers, medical bills and other expenses to support their families; pawn loans are a responsible option.

Did you know that pawn loans have competitively low interest rates, typically less than a non-sufficient fund charge on a bounced check or past-due fee on a utility bill? Pawn stores can offer this service because the customer offers their personal property as collateral which significantly reduces the risk to the lender.

Who Are Our Customers?

Did you know that over 80% of our typical pawn customer are employed? That’s right. These individuals have jobs but have a quick and urgent need for a loan to help make ends meet. The average age of our customer is 40 years old and approximately 82% have earned a high school diploma or GED, which is the same as our nation’s average for high school graduation rates. In addition, one-third of our customers are home owners and even some of them are small business owners.

When it comes to our pawn customers they’re just like anyone else. They have jobs, are hard working and are looking for a means to help make ends meet. When you consider the lower debt and fees associated with pawn lending and the lack of risk in damaging your credit; it’s no wonder that obtaining a pawn loan is viewed as a responsible option for someone in need of extra money to help make ends meet. If you’re interested in a pawn loan or any other services we offer make sure to stop by at any of our locations.