A customer exchanges an item as collateral for a short-term cash arrangements. The item is returned to the customer after the amount and interest fees are paid. Sometimes, when a customer needs an extension on paying, the item is held longer and the customer agrees to extend the terms for an additional length of time.

The Process:

At Smyrna Pawn, we make it easy to get cash:

-You bring us your item of value

-One of our expert pawnbrokers will evaluate your item and determine the amount we can approve for you

-We authenticate, verify, and test your item

-We draw up and have you complete all necessary paperwork for the transaction, and you leave with cash

-You'll have four months to pay back or renew your loan for more time

We offer pawn term arrangements as low as 35.99% APR Interest Rate.

The loan repayment is based on a 1, 2 or 3 month repayment period with no maximum repayment period.

Example Pawn Loan Term:

Loan Amount: $20,000+

APR: 35.99%

A 20K pawn the monthly interest would be $599.83.