Gold has an amazing value. We’re prepared to offer you cash for your gold today, or a low interest rate loan as collateral against gold, jewelry and coins.
You simply bring us your diamonds, we will examine them and give you a price.
You can sell any and all types of jewelry to us. We buy bracelets, rings, necklaces – we take it all.
A PRIVATE, DISCREET PAWN SHOP located near JONESBORO GEORGIA
Our Loan Offices are in Jonesboro, Georgia
Chapes JPL prides itself on being the most popular nearby pawn shop for Jonesboro Georgia residents. What truly separates us from the market is the fact that we’re less a pawn shop, and more a collateral loan provider, otherwise known as a pawn loan. Pawn shops typically specialize in servicing many of small loans based on an item’s value that is left with the store. Chapes JPL does the same, but for higher value items. We happily will loan on items of value. So, we’re ready to make actual pawn loans against your items that will actually help you provide and get you the money you need.
GOLD, DIAMOND AND SILVER JEWELRY
THE HISTORY OF PAWN SHOPS AND PAWNBROKING
Throughout all of time has there been a need for an individual to borrow money. Whether it was for food, clothing or whatever the case, people have always needed to borrow money. Before the advent of banks and credit scores, how were you supposed to borrow money? There was no way for someone to know if they could trust you, so you simply didn’t borrow money.
This is where the advent of pawn brokering and the pawn shop come into play. The idea of a pawn shops is that they can loan money to anyone, because what they really offer are pawn loans. These are loans that are based solely on collateral. An individual brings in an item, has it appraised, and then is made an offer for what the pawn shop can loan on it. These pawn loans make pawn shops much more comfortable in loaning money to total strangers, because individual’s inherently want to come back and get the collateral they put up.
What’s also interesting to consider when talking of pawn shops is the strict regulations they must go through to not only be a licensed pawn shop, but to even be able to offer pawn loans. Each state in the United States of America has its own, unique, separate regulations that instruct what a pawn shop is truly allowed to do in their power. These laws control things like maximum interest rates, pawn loan duration, etc. Even during the advent of the first pawn shops in the 5th century, these Buddhist ran pawn shops were subject to almost the same level of regulation that we experience today.