Since we've been in the pawn shop industry for more than 30 years now, locals know that we have the answers when it comes to dealing with a pawn shop. If you don't have a lot of experience working with pawn shops, you might have a few questions about what we do, how our services work, and so on. These are some of the common questions we get about pawn shops in Chesapeake. We love to answer questions and help our customers whenever we can, so we've posted some information here on our website. We would also love to chat with you and answer any questions you have, so give us a call at 757-382-9066 to chat with our friendly staff!
How Do Pawn Shops Make Money?
When you see the low prices that we have at Greenbrier Pawn (and our sister store, Hilltop Pawn), you could be wondering -- how do pawn shops make money? Well, we are a business, so of course we have to make a profit to stay in business...but with our business model, we are able to turn a profit while still providing our customers with great prices and useful services, such as our pawn loans. We make it easy for customers to sell their pre-owned jewelry, electronics, firearms and other items of value, and then we sell these items at a slight profit. This benefits everyone -- you can sell your unwanted items for cash very quickly, which can be helpful if you're in a bind or just need to get rid of your items as fast as possible. You can also sell us broken or damaged jewelry, which we then fix up and resell. You make money, we make a small profit, and we're still able to sell items for less than what people would pay at the mall jewelry stores. We also make a profit from offering pawn loans -- which are easy no credit check loans with very transparent terms.
How Does a Pawn Shop Work?
So, how does a pawn shop work? Well, that depends on which services you're taking advantage of. Here at Greenbrier Pawn, we offer a few services, but we primarily buy, sell, and make loans.
How Does Selling to a Pawn Shop Work?
If you have unwanted items of value that you want to sell, the process is very easy at Greenbrier Pawn. Bring your item of value and your government-issued ID when you visit. Let us know you're interested in selling your item, and give us a few minute to look over your item and make you an offer. There's no obligation, but if you accept our offer, we'll give you the cash on the spot. Yes...it really is that easy to sell unwanted jewelry, firearms, gold, crystal glassware, silver flatware, and other items of value.
How Does Buying from a Pawn Shop Work?
Buying from a pawn shop is just like buying from any other store. If you're interested in buying an engagement ring, for example, you can come in and chat with our staff about your preferences, budget, etc. Then, just like in a high-end jewelry store, we'll help you pick out the perfect ring.
How Does Borrowing from a Pawn Shop Work?
Many people like to use a pawn shop specifically because of our pawn loans -- after all, they make it very easy to borrow money, even if you have a bad credit score. Here's how it works -- our loans are collateral loans, so you'll need to secure your loan with something of value. You'll be made a loan offer based on the value of your collateral, and we'll need to see your ID. That's it! Then, we'll hold on to your collateral until you come in and repay your loan according to the terms on your pawn ticket, and you'll get your collateral back. It's actually a very simple way to borrow money.
Are Pawn Shop Loans Good?
Are pawn shop loans good? Well, being honest, if you have excellent credit, steady job history, and are willing to put in the time and effort to apply for a loan with your bank, you might find a more affordable interest rate. However, our loans do have many benefits, and many people find them highly beneficial because:
We don't run a credit check, at all
We don't check income or employment history
You choose your loan amount -- bring in more valuable collateral for a bigger loan
There's no application
You'll get your loan immediately, with no waits
You'll get your money in cash
No bank account required
We offer transparent terms, which you'll find on your pawn loan. We're also more than happy to answer any questions you have and explain everything to you
Are Pawn Shop Rings Real?
Are pawn shop rings real? Yes! You can buy the real thing for half the price by shopping with us. You also don't have to worry about shady scams like when buying pre-owned from an individual...if we tell you a ring is 18K gold, it's 18K gold...period. If we tell you a ring has a real diamond, it has a real diamond. You can trust Greenbrier Pawn, a trusted local family business and staple of the Hampton Roads community since the 1990s.
Which Pawn Shop Gives the Most Money?
When selling items of value or taking out pawn loans, you naturally want to choose the pawn shop that gives the most money. Looking for the pawn shop that gives the most money in Chesapeake? Visit Greenbrier Pawn, where we're known for our generous offers!
Have questions about how pawn shops work or what we do here? Hopefully, you can find some answers here on our website, but don't hesitate to give us a call with any questions that you have. Our friendly staff are happy to talk to you, so call 757-382-9066 during our regular business hours for assistance. You can also stop in at our convenient Chesapeake location at your convenience...we'd love to help you!
Looking for the best pawn shop in Virginia Beach? Visit our sister store, Hilltop Pawn, or call our Virginia Beach location at 757-769-7254.
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