Returns and Refunds Policy
- Shipping charges. Shipping charges incurred in connection with the return of a product are non-refundable. ...
- Damaged items. If you received a damaged product, please notify us immediately for assistance.
- Sale items. Sale items can be refunded.
- Contact us. By email: usapawnreturns@gmail.com
Can I get my item back from a pawn shop?
Yes, you can almost always get your item returned to you if it is found in a pawn shop. However, you will not be able to get it back if you do not have proof of ownership, which is why it is always good to keep receipts and pictures of your valuables. Also, some states may not allow you to get your item back without paying the full price for it.
How much can I borrow from a pawn shop?
Loan amounts vary according to the item’s value. There is a $10 minimum amount on a pawn transaction, but the maximum amount may be set by state pawn laws. Your loan amount will be determined according to other factors as well, such as product demand and condition of the item. Not all pawn stores are the same, and prices may vary.
How do pawn shops determine if something is stolen?
Once an item is brought into a pawn shop, they will take pictures of it, write down any specific details about it, and send it to police officers. Then if someone reports a stolen item, police can look through this system and see if it's located at a pawn shop.
What happens if I Can’t pay back my pawn loan?
If you’re unable to pay back your pawn loan in full on its due date, you may be able to get a renewal. With a renewal, you pay the interest that has accrued on your pawn loan in full, and a new pawn loan is written. The principal pawn loan amount remains the same, as does the interest rate, but the due date is reset for the full loan term.
What is Pawn America return policy?
Product Guarantee and Return Policy If for any reason you are not satisfied, we offer a 10-day money back guarantee (unless the product is noted “As Is” or “For Parts” or “Not Working”) from date of purchase for in-store pick-up orders and 15-day money-back guarantee from date of purchase on shipped orders.
How long after pawning something can you get it back?
What this means is that the term of the pawn loan has to be at least 30 days, but if you do not come and repay the pawn loan within 30 days, you still have another 30 days to pay the loan plus the fee before the pawn is considered forfeited and the item available for sale.
What is a grace period at a pawn shop?
Once a customer misses a payment, the pawn shop holds the item for a specified time, known as a grace period, before taking formal ownership of the item. Grace periods offer customers a chance to get their pawned item back when they fail to make a monthly payment.
What happens if you pawn an item and don't pick it up?
If you pay late or not at all the items ownership falls to the store. There is no effect on your credit as credit is not a part of the transaction. The item may then be sold by the pawn shop.
How many times can you pawn?
If the individual does not have enough money to repay the loan after 30 days, he/she can extend the pawn loan for another month by paying only the monthly fee. There is no limit on how many times an individual can extend a pawn loan.
Can I buy back something I sold to a pawn shop?
Well, you can simply repurchase it! Pawnshops would love for you to buy their things. They are usually not interested in confiscating anything and not selling that specific item. Plus, they know that you can use the same item again for more loans in the future, acting as an excellent business for the pawnshop.
What is maturity date in pawn shop?
Maturity date of pawn transaction means the date the pawn transaction is due to be paid, which date shall not be less than thirty (30) days after the date of the pawn transaction.
What is the last day of grace?
The "last day of grace" is a date no less than thirty days following the maturity day. A pawnbroker may, at the pawnbroker's option, choose to extend the last day of grace.
How many times can you renew a pawn?
For example, you can pay two and three months at one time. Q: How many times can I renew? A: As many times as you need. As long as you pay on your item it will stay in pawn.
Can a pawn shop tell you who pawned an item?
Law enforcement authorities have the ability to download information about the items pawned or sold to the pawn shop as well as the description and identification of the person that sold or pawned items to the pawn shop.
Do I get more money if I pawn or sell?
Getting the Most Money when Selling or Pawning Your Items Often, you can get more money for your item by selling it. However, with a pawn loan, you can get the money you need, and you still get to keep your item.
How does a pawn shop know if something is stolen?
Police are teaming up with pawn shops using the internet to make tracking down stolen merchandise easier to find. It's pretty simple. Pawn shops use an online database with serial numbers for incoming merchandise. Law enforcement has access to the database and can check for a match nationwide.
What happens when I pawn an item?
You bring in an item to a pawnshop, and the pawnbroker will offer you a short-term loan based on the item's value. If you pay off your loan in time, you get your item back. If you don't pay the loan in time, the pawnshop is free to sell your item. You can also sell your items outright.
How do you get an item out of a pawn?
If you sell you give up the item on the spot in exchange for agreed-upon cash value. You walk out cash in hand and that is the end of the transaction. If you pawn the item you will agree on price, payout, and interest rate as well as terms and conditions. Once an agreement is reached a contract is drawn up.
New and Pre-owned Jewelry
We offer a 30-day money back guarantee, and 60-day exchange on jewelry items purchased in-store and online. Some jewelry items may include a security tag. A refund will only be offered if this tag remains attached to the item.
Luxury Watches
We offer a 3-day refund on all luxury watch purchases. This refund is subject to the following conditions. Watches must be in the same condition as when purchased. Watches will contain one or more security tags; these tags must still be attached to the watch to receive a full refund.
Handbags, Sunglasses, and Fashion Watches
We offer a 30-day exchange period for all handbags, sunglasses, and fashion watches purchased in our stores. All items must be unworn, undamaged, and not altered in any way. If the item had a security tag attached, that tag must remain attached to be eligible for exchange.
Pre-Owned Electronics
We offer a hassle-free 30-day return or exchange option for any pre-owned electronic item purchased at our stores. New items that remain unopened are eligible for a 30-day return or exchange.
Musical Instruments
We offer a hassle-free 30-day return or exchange option for any musical instrument purchased at our stores. Musical instruments must include the case, and any accessories to be eligible for return or exchange.
Firearms and ammunition
We guarantee the firearm to fire, we do not guarantee your ability to hit a target. We offer a 30-day return option for any DEFECTIVE firearms. Defective firearms are those items that will not fire. Firearms and ammunition are not eligible for return or exchange for any other reason.
Other
Any other item, not specifically mentioned above, is eligible for a 30-day return or exchange option for any other reason. All items must be in the same condition as purchased, include any boxes or accessories that were included at the time of sale, and must be accompanied by the original sales receipt.
Online and In-Store Pick Up
Buy Online - In Store Pick Up: For your security and protection of the items you purchased, please bring your Photo ID (State Issued Photo ID or Passport) and the Credit Card used to make the purchase, along with your order confirmation email with you to the store.
Product Guarantee and Return Policy
Your satisfaction is our primary goal! If for any reason you are not satisfied, we offer a 10-day money back guarantee (unless the product is noted “As Is” or “For Parts” or “Not Working”) from date of purchase for in-store pick-up orders and 15-day money-back guarantee from date of purchase on shipped orders.
What is pawn loan?
A pawn loan is another name for a collateral loan. This is when money is lent in exchange for items of value, with the loan amount based on that item’s value. The item is returned when the loan is paid-off or can be surrendered as payment in full.
Do you have to report pawn transactions?
No, because pawn transactions are the only type of consumer credit that requires reporting to local law enforcement agencies. This reporting is required daily and must include extremely sensitive, personal information about the customer, including gender, ethnicity, and address.
Does Pawn America accept firearms?
Yes, Pawn America accepts firearms as collateral for pawn loans, as regulated by Minnesota state law. We are a registered firearms dealer and must comply with all federal regulations.
Is pawn America insured?
Your item is safely stored until you return to pay your pawn loan in full and reclaim it. Pawn America is fully insured for the loan value of the collateral we keep.
Why is pawn shop less expensive than buying brand new?
Keep in mind that most pawn shops have a “no cash back” policy. If you do have to return something, you’ll probably only get back the money you spent in the form of a credit that can be used at that store only.
Is shopping online a good way to save money?
Shopping online for discounts is one great way, saving money on groceries, utility bills and car insurance are others. But here’s one you may never have considered: shopping at a pawn shop. It’s actually a viable way to save money – and not just on guns. Here’s why.
Is it worth paying full price for pawn shop jewelry?
It’s simply not worth it to pay full price for seldom-used tools. Jewelry. Pawn shop jewelry prices are normally about half of what you would pay retail (yes, I said half!) and the quality is just as good.
Is it safe to buy a TV from a pawn shop?
Televisions. Of course, there is an implied risk with purchasing anything from a pawn shop since its all used merchandise, but this risk goes up even further with televisions, especially flat-screen LED TVs. Small Electronics.
Is pawn shop shadier than other?
Other Things to Be Aware Of. Some pawn shops are shadier than others, but the one thing you need to keep in mind before you even walk into one is: buyer beware! Understand that all merchandise there is used, and could break down on you. That’s the main reason why it’s less expensive than buying brand new.
Can I get my stolen item back from a pawn shop?
Yes, you can almost always get your item returned to you if it is found in a pawn shop. However, you will not be able to get it back if you do not have proof of ownership, which is why it is always good to keep receipts and pictures of your valuables. Also, some states may not allow you to get your item back without paying the full price for it.
Do pawn shops sell stolen merchandise?
Let's be honest unless we have magical powers and can read people's minds; it's somewhat hard to know if someone is planning to sell you a stolen item. But, in order for pawn shops to resist selling stolen items at all possible costs, they have a system set up with the police.
What should I do if I notice my stolen item in a pawn shop?
If you are wandering through a pawn shop and notice an item similar to the one you had stolen from you, it's best to keep calm and report it to the proper authorities. Call your local police station as soon as you can and let them know what happened.
Why do pawn shops need my ID?
A lot of people get frustrated when a pawn shop clerk asks to see their ID. They often ask themselves, "Do they think I'm a criminal?" They don't understand that law is required that every person selling something to a pawn shop shows the clerk their ID and gives them the proper information.
New and Pre-Owned Jewelry
Luxury Watches
Handbags, Sunglasses, and Fashion Watches
Pre-Owned Electronics
Musical Instruments
Firearms and Ammunition
Other
- Any other item, not specifically mentioned above, is eligible for a 30-day return or exchange option for any other reason. All items must be in the same condition as purchased, include any boxes or accessories that were included at the time of sale, and must be accompanied by the original sales receipt. Outside of these dates, we will handle return...