WHAT DO I NEED TO GET A LOAN?
To get a loan, you MUST have a valid identification issued by any of the 50 states or U.S. possessions. Other acceptable forms of identification are: Valid Passport, Valid Military Identification, and Valid Immigration and Naturalization Identification. Of course, you also need something of value to pawn. For a list of items that we loan money on Click Here.
WHERE ARE YOU LOCATED AND HOW DO I GET THERE ?
We are located in downtown Bakersfield at 1234 19th Street on the corner of 19th and L Streets. For directions,Click HERE HOW LONG ARE YOUR LOANS? Under California State law, every loan written in every pawn shop is for four months. Whether you need the money for a day, week, or month, you get a full four months to redeem your pledged property.
WHAT IS IT GOING TO COST ME TO BORROW MONEY?
The amount of interest we charge is mandated by California State Law. We can neither charge you more nor less than what the law states. For instance, a $100.00 loan will cost you $117.50 to redeem.
HOW MUCH DO YOU LOAN?
Generally, we loan our customers 10% of the wholesale value of the item brought in for pawn. For example, if you bring us a ring that wholesales for $2,000.00, we will loan you $200.00.
IF I FORGET ABOUT MY LOAN, WILL I LOSE IT ?
We really don't want to own your merchandise. Honest. When your loan has expired, we will mail you a reminder to come in and take care of your loan. If you don't have enough money to redeem your pledged property, you can always pay the interest on the loan, and you will have another four months to come in and pay off your loan. There is no limit to the number of times you can pay the interest and re-write your loan.
Hopefully, most of your questions have been answered here. If you still have questions, please feel free to call us at (661)-323-4055.
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