Fast Collateral Loans in Parma, OH
Get the Cash You Need Without Selling Your Valuables
When unexpected expenses come up, a collateral loan from ABC Pawn Coin & Jewelry can provide fast access to cash without the delays of traditional lending. Instead of relying on your credit history, your loan is based on the value of the item you bring in as collateral.
Our process is straightforward, confidential, and designed to help you get the funds you need while keeping the option to reclaim your valuables once your loan is repaid.
How Our Collateral Loans Work
Getting a pawn loan is quick and easy.
Bring in Your Item
Bring your jewelry, watches, coins, tools, electronics, collectibles, or other eligible valuables to our Parma store.
Receive a Professional Appraisal
Our experienced team will evaluate your item based on its condition, authenticity, and current market value to determine the loan amount.
Provide Valid Identification
A valid state-issued photo ID or passport is required to complete your loan.
Receive Your Cash
If you accept the loan offer, you’ll receive your cash, and we’ll safely store your item for the duration of the loan.
No Credit Check Required
Collateral loans are based on the value of your item, not your credit score. Applying for a loan does not require a credit check and does not affect your credit history.
Repaying Your Loan
Once your loan, interest, and any applicable fees are paid, your item will be returned to you. If you have questions about your loan, repayment options, or timelines, our team is happy to explain the process and answer any questions before you complete your transaction.
Rates & Fees
- Interest: 6% per month
- Additional fees may apply.
- Please speak with one of our associates for complete details regarding loan terms, fees, and repayment requirements.
Have Questions?
If you have questions about collateral loans or would like to discuss an item before visiting, the team at ABC Pawn Coin & Jewelry is here to help. We’ll explain the process, answer your questions, and help you understand your loan options with no obligation.
Call us today or stop by our Parma location to speak with one of our experienced pawnbrokers.