A Pawn is a loan on your item that we make to you in cash on the spot. We keep your item as collateral until you pay off the loan and the interest. When you pawn an item, you are receiving a 30 day loan with an interest rate of $7.50 or 10% whichever is greater. You have 30 days to pay off the loan plus the interest charge and a 90 day grace period with an additional interest charge of 4% per 30 days during the grace period. If you are unable to repay the interest charge(s) and the original loan amount within the 120 days your item will be forfeited and it will not be returned to you. We typically determine the loan amount we are willing to offer to you based upon the value of the item you are trying to loan. We loan on most things that have a value but particularly like items such as: jewelry, precious metals, firearms, tools, electronics, computers, audio equipment, musical instruments and sporting goods. In most cases the process takes about 10 minutes to complete a Pawn. Wing Firearms and Pawn can give you easy, fast cash loans for your valuable items and put cash in your pocket now!
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