Pawn Loans
We at Ameripawn understand the difficult times that Americans face today and are honored to provide the opportunity for those in need to secure the financing necessary to pay their bills, fill their car with gas, or provide a little extra cash to make life easier. You can be assured that at any Ameripawn pawn shop you will always be treated with dignity and respect by our courteous and professional staff. If this is the first time you have secured a pawn loan we would be more than happy to explain the terms of your new loan with you in the most transparent manner possible – no fine print –just straight forward honest help when you need it.
DID YOU KNOW?
In 1388, King Edward III of England pawned the crown jewels to finance a war with France.
Are My Items Secure?
All of our Ameripawn pawn shops are licensed, bonded, and insured as required by Indiana law. While on loan all of our customers items are placed in one of our secure on-site storage areas or safes. We also have state-of-the-art security systems installed at each location including around-the-clock video surveillance. We have taken every precaution to make sure that you can rest easy knowing that your precious items are safe at any of our secure facilities.
In addition to providing security for your items we also take care to insure the safety of your personal information. Loans are always confidential and your information is secured as required by federal, state and local laws and ordances. While we do report appropriate information to law enforcement agencies to thwart theft you can rest assured that we will not release any of your information to anyone else.
Need to Extend Your Loan
All of our loans are for 30 days with another 60 days grace period in which interest is still incurred, but in which sole possession of the item will still rest with you the borrower. At any point before 90 days you may pay off some of the interest on your loan to extend it. If you have any questions regarding loan extension you can always contact us and we will be happy to explain it to you.
Don't Want to Repay Your Loan
Not a problem! If at the end of 90 days you do not wish to repay your loan, or extend it by paying off some of the interest, ownership of your item will be forfeited to us. You do not need to do anything else; essentially, your loan will be treated much like a sale in which you have traded your item for the cash you received when you originally received the loan.