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Writer's pictureGlenda Craddock

A Pawn Shop Loan is Perfect if You Have Bad Credit

A pawn shop loan is one of the best financial products out there who people who have poor credit. Because our loans are collateral loans that secure the loan with your valuable items, we don't even have to run a credit check. If you have been looking for short-term loans that are right for you and your current situation, we think you'll find it's a good idea to visit your local pawn broker. If you are looking for an above average pawn shop loan option, we invite you to come see us at Greenbrier Pawn for a quick cash loan when you need it the most. We never care about your credit score!


Avoid Being Turned Down for a Loan With a Bad Credit Score

So many lenders look at your credit report and ask about things like income and employment history, even if you're only hoping to borrow small amounts of money. Maybe you've been turned down for one loan after another, and maybe you're tired of going through the loan process, only to get turned down at the end.


Many banks and credit unions pay close attention to credit score before loaning money. This is true for most credit cards, too. Even companies that offer payday loans may check your credit; basically, even "bad credit lenders" often look at your credit score at least somewhat. Their requirements may not be as strict as other lenders, but they may still look at your score, whether or not you have a bank account, and other factors. These lenders also often charge additional fees and high interest rates. We don't look at any of these things, and we always loan to people with bad credit!


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​Bad Credit Loans With No Co-Signer | Greenbrier Pawn

If you have ever looked into personal loans or other loan options, the lender might have suggested that you bring in a co-signer. It simply isn't always that easy to find a friend or family member who has a good credit score and is willing to co-sign with you on cash loans of any type. Plus, you may not want to ask anyone or get others involved in your financial business, which is completely understandable! Come to a pawn shop, where you never need a co-signer!


A Pawn Shop Loan Will Never Affect Your Credit Score

Maybe you're worried that one of our instant cash loans will affect your credit score. Rest assured...it won't! For one thing, we won't even report that you've taken out a loan from us, no matter the amount of money you've borrowed, from a small loan to a top dollar loan. Unlike the average financial institution, we won't call in the debt collectors or report to the credit bureaus that you have defaulted on your loan, either. In fact, if you aren't able to repay your loan within the repayment terms, we can even extend your loan and give you another chance to get your pawned item back...you just have to ask about an extension and pay the existing interest and fees before your due date. If you're working with a credit repair organization or otherwise taking steps to improve your credit score, don't worry...taking out a new loan from us will not negatively impact what you've been doing. The average pawnshop loan is the best way to get cash advances without credit score impacts!


Pawn transactions from collateral loan brokers like Greenbrier Pawn are the perfect solution for those who don't have good credit scores. In fact, since we don't check with the credit bureaus at all, we are a good option for even the worst of credit scores...or people who don't have a credit history at all! Visit our Chesapeake location, where we have years of experience in the pawn industry. We grant all types of loans here, from $5 to $50,000, and you can always get fast cash when you work with us, all without any regard to your credit record! 



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