We lend cash money based on your items value. Items which can be pawned include gold, precious metals, diamonds, musical instruments, computers, tools, and jewelry.
We have been providing our customers with fast, convenient and confidential cash loans for over 30 years within the city of Los Angeles, West Hollywood and surrounding areas.
The amount of your loan depends on the value of the item you have. The more valuable the item, the more money you can borrow.
Stop by our store to find out more and have your item assessed and valued instantly or use the How Much is My Pawn Worth online form.
A collateral loan involves pawning an item of value in exchange for a cash loan. This money is lent to you at a interest rate, and the item is held as security.
The item is held safe throughout the duration of the loan period, and once the loan terms have been met you are entitled to have your item returned to you.
If the cash loan or the interest is not payed within the terms then Sunset Pawnbrokers is entitled to keep the item and sell it to our retail customers.
If you are unable to pay back the loan amount within the agreed time-frame, you can always pay the interest on the loan and the item will be left with us for additional time.
A collateral loan is a fast and easy way to borrow money. Unlike traditional loans from a bank or financial institution, a collateral loan from Sunset Pawnbrokers does not require credit checks, a co-signer or even a bank account.
All you need to do to secure a collateral loan is simply come to our Hollywood store with your item of with proper identification. We will have your loan approved within minutes. You will walk out with your cash in hand.
Strict local, state and national regulations are in place, making this a safe, private and secure cash loan process.
Any item of value will be considered for a collateral loan. This includes:
The higher the value of the item, the more cash offered for that item. Find out How Much is My Pawn Worth online form.
|Amount Financed||Interest Charge||Amount Financed||Interest Charge||Amount Financed||Interest Charge|
|1¢ to $19.99||$3.00||$50.00 to $74.99||$9.00||$100.00 to $174.99||$15|
|$20.00 to $49.99||$6.00||$75.00 to $99.99||$12.00||$175 to $2,499.99||9% of Amount Financed|
Interest charged during the first three months is the same on the first as the ninetieth day. Starting the fourth (4th) and Subsequent Months the total interest changes are: loan amounts of 1¢ to $100 = $3.00 per month; loan amonts more then $100 = 3% of the Loan Amount per month. These interest charges also apply to the Grace Period. A month is a period of at least thirty consecutive calendar days. On loans of $2,500 or more the interest rate is not regulated and can be negotiated between the client and the Lender. State loan period, all fees, and notice requirements still apply.
LOAN SET-UP FEE: $5.00 may be charged on each loan written or 3% of the loan amount, whichever is greater with a maximum of $30.00.
STORAGE CHARGES: ($1) for any article that can be contained within one cubic foot; ($5) for any article that cannont be contained within one cubic foot but can be contained within three cubic feet; ($10) for any article that can not be contained within three cubic feet but can be contained within six cubic feet; ($20) for any article that can not be contained within within six cubic feet and one dollar ($1) for each additional cubic foot in excess of six cubic feet.
NOTIFICATION FEE: A maximum of $3.00 may be charged for each notice sent.
MINIMUM/MAXIMUM PERIOD: A loan is due at the end of 4 month period with additional 10 day grace period. There is no minimum time to redeem a loan.
|Total of Payments:||$129.00|
|Maximum Annual Percentage Rate:||86.76%|
|PREPAYMENT: Interest is calculated on a monthly basis and savings may be made by paying off the loan on or prior to monthly anniversary dates.|