10 things you didn’t know about pawn loans


Sometimes Pawn Shops and the idea of getting a Pawn loan can be a bit intimidating, often because people aren’t always sure just what is involved. We always want our customers to be comfortable when doing business with us, and are happy to answer any questions you may have.

Did you Know…

  1. That you can have more than one loan with us at the same time?
  2. Even if you have defaulted on a loan with us in the past, we do not hold that against you, and you are always welcome back.
  3. Pawn Loans require no credit check, and will not harm your credit in any way if you default on a loan.
  4. That we comply, and exceed all municipal and provincial regulations, and report all of our transactions to local law enforcement on a daily basis.
  5. That all personal information received by us is considered strictly confidential, and will not be disclosed to anyone other than law enforcement agencies if requested.
  6. That you can keep your items in pawn with us indefinitely, as long as you keep your service charges paid up.
  7. That any loan with us has a period of 8 weeks, over which time it accrues interest, and we give an additional 30 days grace period after that with no extra charge.
  8. That all of your pawn items are stored in a secure, insured and climate controlled facility.
  9. That you can pay down your principal to make your next term easier.
  10. And that we are one of Greater Moncton’s largest gold buyers, and pay the highest rates in the area

If you have any other questions, or want to know more about any of these points, please feel free to give us a call at 384-0853.