Loading... Please wait...


Answers to many of the frequently asked questions that you may have will be listed below.

Feel free to contact us via e-mail, call, or come by if you have a specific question or questions that are not answered below:


Q: What is a Pawn, & how do pawn shops work?

A: A pawn is basically a collateral loan. We will make a cash loan to you based upon the value of the item you provide.

Pawn shops work by the customer pledging a piece of property as collateral, and in return, pawnbrokers lend them money. When customers pay back the loan, their merchandise is returned to them. Pawn loans are made on everything from jewelry to electronics. If the customer elects not to redeem his or her collateral, there is no credit consequence to the borrower and the items are sold at a value price to retail consumers.


Q: What are some advantages of securing a Pawn Loan?

A: 1.) A pawn is fast, easy, & very convenient. Just bring your item you wish to pledge as collateral, & in a matter of a few minutes you will be walking away with your cash.

2.) No Credit Check is required. Your loan is based on the value of your collateral not your past credit history! We say YES even when banks say NO.

3.) You have up to 2 Months before you have to pay anything! Our loans are written up as 30 day loans with an additional 30 day grace period. This gives you 60 days before you have to pay a dime!

4.) Easy monthly extensions & renewals are available to pay up interest or to give you some additional time. After your 60th day, as long as you make a minimum monthly payment, you can extend your loan out as long as you need!


Q: What can I Pawn?

A: Plano Pawn Shop specializes in fine jewelry & firearms. We offer online & in store loans.

We accept the following assets for an ONLINE loan.

  • Art: originals & extremely limited prints with authenticity or provence papers from the following artists: Picasso, Dali, Matisse, Chagall, Roy Lichtenstein, Leroy Neiman, Andy Warhol, etc.
  • Certified Diamonds: Certified Loose Diamonds from GIA & EGL.
  • Designer Jewelry: Gold, Platinum & Diamond jewelry from: Asprey, Bulgari, Cartier, David Yurman, David Webb, Harry Winston, Tiffany & CO, etc.
  • Fine Swiss Timepieces: Rolex, Patek Philippe, Audemars Piguet, Jaeger LeCoultre, Breitling, Omega, Panerai, Corum, Franck Muller, Roger Smith, Cartier, Chopard, Bell & Ross, Hublot, etc.
  • Fine Firearms: Benelli, Beretta, Blazer, Browning, Colt, Fox, Glock, Heckler & Koch, Holland and Holland, Kriegoff, LC Smith, Perazzi, Rizzini, Ruger, Sig Sauer, Smith & Wesson, Winchester, etc.
  • Graded Coins & Paper Currency: PCGS & NGC Certified & Slabbed Coins & Paper Currency
  • Musical Instruments: Bach, Fender, Gibson, Gretsch, Martin, Taylor, Yamaha, etc.
  • Sports & Entertainment Awards: Super Bowl Rings, World Series Rings, NBA Championship Rings, NCAA Championship Rings, World Series of Poker Bracelets, Olympic Medals, Grammy Awards, Academy Awards, etc.

We do NOT accept the following items for an ONLINE pawn, but DO accept electronics & tools in store:

  • Automobiles
  • Car Audio
  • Electronics (2 years old & newer are accepted in store only)
  • Home Appliances
  • Tools & Industrial Equipment (Accepted in store only)


Q: What are your requirements to make a Pawn Loan?

  • You must be at least 18 years of age (21 years old for a handgun, pistol grip long gun, or any online loan). 
  • You must have a state issued ID, Drivers License, or U.S. Passport


Q: Who uses your services?

A: Pawn customers come from all walks of life, all tax brackets, & all ethnicities. Anyone who needs cash quickly, & easily are potential pawn customers.


Q: So how do I send you my items?

A: We will send you a pre-paid FedEx shipping label via e-mail. You will need to print off label, pack item securely and secure label to box and arrange for pickup or drop off of your package. We will contact you once the item is received.


Q: How do I receive my money for the online pawn loan?

A: We can send you a check or deposit with a Bank ACH transfer into your account (We can only deposit into bank account with the same name as the person making the loan).


Q: Why is my banking information needed for an online pawn loan?

A: Your banking information is needed only if you are requesting an ACH transfer. We will use the information ONLY to deposit funds into your account. We will not and do not remove any money from the account.


Q: What will the monthly interest rate be on my online pawn loan?

A: The interest rates are set by the State of Texas Office of Consumer Credit Commissioner. The rates are between 1%-20%. See the chart HERE


Q: What is the most I can borrow with an online pawn loan?

A: The maximum loan for a single item is $16,500.00. You can have multiple loans at the maximum of $16,500.00.


Q: Can I have more than one loan at a time?

A: Yes. You can have as many active loans as you want or need.


Q: How long do I have to pay off my loan?

A: Our loans are 30 days, with a 30 day grace period giving you a total of 60 days before a payment is needed. If you wait until the 60th day to make a payment, you will be required to make at least a 30 day payment. This will extend your loan an additional 30 days from the date the loan originated.


Q: How long can I extend my loan?

A: As long as you make the minimum monthly payment, you can continue to extend your loan as long as you need. You call us at anytime to request a payoff amount for a specific date.


Q: How do I pay off my loan online pawn loan?

A: Interest & redemption payments can be made via ACH transfer from your bank to ours, Cashiers Check or USPS Money Order before the due date specified on the contract. 


Q: How do you send my item back to me?

A: You will be responsible for the return shipping via FedEx. The return postage will be quoted in the final quote for your loan. It will be based on the shipping zip code, and the amount of insurance you request. The shipping charges will be assessed at time of redemption.

If you have questions not addressed here, please give us a call at 972.424.6911 or send us an e-mail and we will happy to assist you.


Free Quote!

To get a free, no-obligation quote, simply take some detailed photos, and fill out the form. We will get back to you just as soon as possible. Click here to get started.

Sign up to our newsletter