Pawn Shops in Salt Lake City – What You Need to Know

 

Almost anybody can have financial emergency at some time or the other. Suddenly, you may have an unforeseen expense like medical treatment, payment of school fees or paying installment for the mortgage. You will need money at a very short notice and your bankers can’t provide you the much needed cash at short notices. Under such circumstances, you may find it worthwhile to approach a few pawn shops in salt lake city and borrow money to tide over your immediate financial crisis.

In case you have not had experience of dealing with pawn shops or pawnbrokers, you would do well to familiarize with the working of this business before approaching one for borrowing funds.

What’s meant by pawn shop?

It’s a business wherein the pawn shop owner provides loans for short term against some security. Some such shops also allow you to buy or sell used or new items.

What’s the difference between a loan offered by pawn shop and payday loan?

Payday loan is a short term loan and available only to those with a proof of regular job and hence pay. If you fail to return the loan availed by a pawn shop, you simply lose claim of your item. There is no additional fee charged.

What’s the system of operating a pawn shop?  

It is very simple. You call upon a pawn shop with some item which you can offer as collateral to the pawn shop owner, who assesses its value and offers loans you cash. Generally, you get about fifty percent of the assessed worth of the offered collateral as loan. Usually, the period of loan is ninety days, though it can be extended on paying additional fees. After you return the borrowed amount and pay the chargeable fees, your collateral is given back to you. On receiving a loan, you are given a pawn ticket which has the terms of loan in writing. The information to be provided on the ticket is defined by state or local laws.

What’s the maximum amount of money offered as loan?

This varies with the slc pawn shop you may opt to patronize and what you are offering as collateral. The loan can be as small as less than a hundred dollars and may go up to thousands of dollars. It largely varies with what you offer as collateral and the deal you negotiate.

What if I fail to return the loan?

In such an eventuality, the pawn shop simply retains your collateral.

What items can one offer as collateral for availing loan from a pawn shop?

You can procure loan against almost any item. Just remember that the pawn shop owner should be able to sell it in the event of your failing to return the borrowed amount. Of course, pawn shop owners use their discretion. Usually, they prefer small and costly items. Some examples would be coins, household electronic gadgets, cell phones, weapons and jewelry. Some may accept bigger items such as cars, motorcycles and boats.

Are pawn shops legal?

Yes, this is a legal business. However different states have different rules regards their operation and the type of services they provide to general public. It will be in your own interest as a consumer to deal only with licensed pawn shops.

There are quite a few federal rules and regulations applicable to pawn shops in salt lake city owners, pawn shop brokers and also consumers. The basic purpose of framing such laws is to check money laundering and restrict the rates of interest and fees chargeable from military personnel and to know the terms of credit.

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Pawn shops in salt lake: one of the leading best pawn shops in Utah

Are you waiting for your salary impatiently, to buy something you really are, in need of?? Well how about pledging some of your unwanted things to someone in lieu of money?? Certainly, some of the stereotypes will say a big NO…! Quite expected also, as no one agrees to sell their belongings to just anyone despite of the fact, that those are of any use or not.

No worries, I still have a piece of advice for your query, have you heard about pawn shops in salt lake city? If you need instant cash and you have valuables to sell, your best option is to find a pawn shop. These shops can give you much-needed credit in no time while having the option to redeem the pawned items.

People often have some pre-conceived notions, whenever they hear about pawn shop slc, they are always doubtful whether it will result beneficial to indulge with them or not. Most of these people are unable to understand that yes they provide credit with in no period of time for the sake of your goods which you can redeem back as soon as you will return their money.

For 16 years crown pawn shop in utah has provided the highest standard of integrity, quality, value and service in the pawn business. As a customer you are the most important part of their business. Crown Jeweler & Pawn offers collateral loans for surprisingly low interest rates. They specialize in short-term small loans. Crown jewelers and pawn offers this type of deal because you the customer offers personally owned property as collateral, which significantly reduces the risk for them. When the customer pays the loan back, the property is returned to them as such.

So, if you are looking for a secured short-term loan and don’t qualify for a loan from your bank or credit union then you must check out what Crown Pawn has to offer! As far I have experienced, they lend larger amounts of money for more flexible periods of time at lower cost.

What to do for best pawn shop buys?

pawn shop7Pawn shops in Utah are the best place for the residents of Utah who are in need of quick cash.The products including almost everything can be pawned ranging from gold nuggets, valuable jewelry and precious gemstones to electronic gadgets, appliances and equipment. If you are looking for best pawn shop buys and want to enjoy great bargains at pawn shops, you must make regular visits. With the easy accessibility of internet everywhere, you can easily search for pawnshops online. You can do this by browsing “pawn shop near me” or can use city’s name like typing pawn shops in salt lake city on the search engine.

For the best pawn shop buys you need to know that these shops conducts business seven days a week for a minimum of eight hours a day.pawn-shop-2 Every single day brings customers with interesting items to pawn or to sell, which means that everyday is an opportunity to find an items meeting your needs and wants. Of course, it may not be possible for you to visit your local pawn shops every day of the year. But, you should visit at least once a week perhaps twice a week when your schedule permits. Also, you will then enjoy your pawnshop visits because these become special instead of an everyday occurrence.

The following points can be a boon for the best buys in a pawn shop:

  • Being on the e-mail list of pawnshops that are available online. You will receive email alerts pawnshops3when new items for sale come into the shop.
  • Being on the pawnshops’ list of valued customers. You will receive SMS alerts and also, may receive phone calls.

  • Befriending the pawn shops’ staff members. This way you may not receive preferential treatment but you will have first hand information of the items on your wish list.

There are many legal pawn shops in Salt lake city Utah you can visit for the best buys.

For more details visit http://www.pawnutah.com

How to negotiate and buy at pawn shop?

sg23409vnnqDo you feel it difficult to negotiate with a pawnbroker? No surprises, negotiating  at a pawn shop can be a difficult task if you are not skillful. Having right tips and tactics on how to negotiate a pawnbroker are important to get the best price at almost any pawnshop.

Many people in Salt lake city search online for “pawn shop near me”. There are many pawn shops in salt lake city. However, how you negotiate with them depends upon you.

Here are some tips for you to get the best price:

  • Know the worth: Research the present price of the item you want to buy and more importantly, the value in its existing condition.pawn3 It is easy to know the current worth, you just need to visit item’s official website or any online store that sells it. Sale prices usually differ depending on the condition of the item, but this can work in your favor. For example, if a piece of jewelry has a seized or broken clasp or is engraved, ask the pawnbroker if he or she can reduce the price. Have a good idea what an item is worth and how much you are willing to spend before you begin asking the seller to reduce the price.
  • Keep maximum price in mind: Most pawnbrokers are expert negotiators, so make sure you have a maximum price in mind you are willing to spend before you start negotiating. That will help you come off with more conviction.

  • pawnPay cash: There are many pawn shops in Utah and each wants to earn more and more business. Remember, you have a better chance of getting the best price if you have cash in hand. Also, be willing to leave and come back another day. If the item is still available, the pawnbroker should be willing to drop the price.

  • Read the fine print: Before you pay for an item, make sure you understand the store’s policies on guarantees and returns. Some SLC pawn shops offer guarantees of authenticity. Some have lenient return policies, while others state that all sales are final. Policies may range widely, make sure you ask or read the fine print.

Crown jewelers and pawn is one of the veteran and best pawn shop in Utah, providing authentic and legal services.

Online Pawn Shops

jewelryPawning personal items for quick money has become a very common thing in today’s world. Actually, pawn shop is one of the oldest institute in financial world. Earlier, people would have no place to borrow money except from a pawn shop. A pawn shop allows you to make an emergency loan without going through hefty work. The only thing that has changed about pawn shops is that they are now easily available online.

If you are resident of Utah, there are many pawn shops in salt lake city. Some people have misconception that most of thepawnshop merchandise on display are stolen. In reality, pawn shops in utah are licensed and are being regulated by government agencies. Pawn shops selling various pawned goods online also have land-based stores to complement their websites. Crown jewelers and pawn is one of the premier pawn shop in Utah.

With the perfectly targeted customer base, Pawn shops in Utah have much to offer. An online visit to any pawnshop will tell you AJ92687-lgthat people from all walks of life pawn their merchandise which people from elsewhere in the world may want to buy. In order to get the quick cash, the various items you can sell can range from car parts, appliances, electronic gadgets, CDs/DVDs, toys, rare jewelry, musical instruments and hard to find items of good value. Even vintage items like LPs and unusual collections like rare beach shells are also sold or auctioned online.

SLC pawn shops are legal and secure. Pawn shops cannot operate online if they are not able to assure their customers that their transactions are secure. With a variety of pawn shops available, you can choose your best pawn shop in Utah. Many pawn shops today have made a leap from being merely brick and mortar to having a website of their own. Although there are some disadvantages, but advantages are much more.

For any further details visit http://pawnutah.com/services/

 

 

PAWN SHOPS IN SALT LAKE CITY

pawn-shopsA pawn shop is a store in which shoppers can find imposing deals for quality products. Individuals wanting money can sell their belongings to pawn shops as indemnity for small loan. Pawn shops loan these individuals a percentage of the value of their belongings and sell the items for considerably more than the price they paid for it if they are not paid back. Therefore,pawn shops are one way to borrow money.

Some of the top pawn shops in salt lake city:

Crown Jewelers and Pawncrown-logo
Contact: 130 E 3300 S
Salt Lake City, UT 84115
(801) 467-1115
Brands: Mastercard
Other Link: http://www.pawnutah.com

Big Dog Pawn
Contact:  9361 Redwood Rd
West Jordan UT 84088
(801)316-3367
Business Hours: Mon-Sun 9:00 am-9:00 pm
Payment Method: Amex, Discover, Master card, Visa
Location: Redwood road just south of 90th south

Bargain Pawngold silver pawn shop
Contact: 1001 N State St
Orem, UT 84057
(801) 851-1431
Business Hours: Mon 10:00 am-5:00 pm
Tue-Fri 10:00 am-7:00 pm
Sat 10:00 am-5:00 pm
Sun closed
Payment Method: All major credit cards, Financing Available
Location: On north state street next to Wendy’s

Cash America Pawn
Contacts:
1. 789 S State St,
salt lake city, UT 84111
(801) 322-3841
2.  4253 W 3500 S,
Salt Lake City, UT 84120
(801) 966-8182pawnshop1
3.   6665 S State St,
Salt Lake City, UT 84107
(801) 262-0900
4.   7189 W 3500 S,
Salt Lake City, UT 84128
(801) 252-0377
Extra Phones: Toll free:(877) 421-2000
Payment Method: Amex, Mastercard, Visa, Check, Discover

Premier Pawn
Contact: 3721 S State St
Salt Lake City, UT 84115
(801) 981-4422
Business Hours: Mon-Sat 9:00 am – 6:00 pm
Sun 11:00 am-5:00 pm
Payment Method: Amex, Discover, Visa, Mastercard
Location: Conveniently located in SLC on State St(on the east side between 33rd S and 39th S)

Hy & Mike’s Annex Pawn & Bail Bondspawnshop2
Contact: 3668 W 3500 S,
Salt Lake City, UT 84120
(801) 997-5594
Business Hours: Mon-Sat 9:00 am – 6:00 pm
Sun 12:00 pm – 4:00 pm
Payment Method: Discover, Master card, Visa, Debit, Cash, Financing Available
pawnshop4
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