FAQS

Frequently Asked Questions

Downtown Pawn Shop - Augusta, GA



  • How Does Pawning Work?

    Bring in your items, and we will evaluate their value professionally. We make our offer, and you can either sell us your product or take out a loan. Please leave us an item of value, and you receive cash upfront. Pay back the amount within the allotted time, and your items will be returned to you.

  • Do We Sell Products at Our Shop?

    We offer a full retail experience for our customers. Browse hundreds of quality items at competitive prices, including jewelry, electronics, tools, ROLEX watches, musical instruments, and much more.

  • How do you determine the value of my item?

    Our experienced staff will evaluate your item based on its condition, market demand, and current resale value. For items like jewelry, we may also consider the weight and purity of precious metals and the quality of any gemstones.

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  • What is the difference between pawning and selling an item?

    Pawning an item means using it as collateral for a loan, which you can repay to get your item back. Selling an item means transferring ownership to us for a one-time payment, and we cannot reclaim it.


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  • How long do I have to repay my pawn loan?

    The repayment period for pawn loans typically ranges from 30 to 90 days, depending on the terms we agree upon. Extensions or renewals may be available if you need more time, but additional fees may apply.


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  • What happens if I can't repay my pawn loan on time?

    If you cannot repay your loan by the due date and do not arrange for an extension, the pawned item will become our property. We will then sell it to recoup the loan amount. 


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  • Is my pawned item safe while it's in your possession?

    Yes, we take the security of pawned items very seriously. All items are stored in a secure, insured area to ensure they are protected until you return to repay your loan and reclaim your item. 


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  • Do you perform background checks or require documentation for pawning or selling items?

    Yes, we require a valid government-issued ID for all transactions to comply with local laws and regulations. This helps us prevent the sale of stolen goods and ensures a safe and legal transaction for everyone involved.

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Call us at 706-724-7392 if you have any additional questions about our services.

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