FAQs

Fat Pocket Pawn

Have a pawn shop-related question? We have the answer. Check out these FAQs and give Fat Pocket Pawn a call today for more information!

  • What is a pawn shop?

    A pawn shop offers loans against items that traditional banks typically don't accept as collateral. The loan amount is based on the market value of the item and the loan is expected to be repaid within a set period. Failure to repay the loan (which carries a 3% interest rate) results in the pawn shop selling the item to recoup their losses.

  • How much time do I have to repay a loan from your pawn shop?

    The interest on your loan is calculated every 30 days.

  • Is there anything your pawn shop won’t accept?

    We do not accept household furniture or large appliances.

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