What do you know about pawn shops? / myLot

United States

December 17, 2025 1:27pm CST

Can you tell me what you know about them? I’ve never set foot in one, and if I did pawn something I wouldn’t be trying to get it back. Have any of you ever used them?

18 people like this

17 responses

PLETHOS

@Plethos (13716)

• United States

17 Dec

All pawn shops are different. Some are like Lil 2nd hand stores and some are like goodwill. Only difference is, you can sell or "layaway" your item(s) for a negotiated monetary contract.

2 people like this

Amber

@AmbiePam (111688)

• United States

17 Dec

Okay, thank you for the information.

2 people like this

Amber

@AmbiePam (111688)

• United States

17 Dec

@Plethos Yeah, I wasn’t even counting on 60%, although that would be nice. I was hoping 40% really. I don’t have the stomach to sell things, unfortunately.

2 people like this

PLETHOS

@Plethos (13716)

• United States

17 Dec

@AmbiePam - FYI, if selling, you'll never get full value , most you can expect is 60%, unless it's something that is in demand by a client or will sell quick. Bartering is a skill.

2 people like this

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Winterishere

@thedevilinme (4751)

• Northampton, England

17 Dec

You hand over an item for an agreed amount of cash-in-hand. If you dont return the cash they keep it, or, if you are late paying, you then pay interest on the money you borrowed. If you return the cash inside the agreed time then no penalty. That's called pawning, or you can simply sell the item to them.

2 people like this

Amber

@AmbiePam (111688)

• United States

17 Dec

That’s what I always thought. I’ll never try to get anything back. But I just found out something I wanted to pawn was used because someone thought I wouldn’t mind. Well, normally, I wouldn’t, but it was brand new, and that would have helped greatly. And I really wanted to get a couple hundred from it even though retail it goes for $600. Obviously, full price would never happen, new or not. But $200 I really thought I might be able to do.

1 person likes this

Winterishere

@thedevilinme (4751)

• Northampton, England

18 Dec

@AmbiePam Yes, Ebay maybe better as people bid on it and you can set a minimum price for sale. Buyer pays P&P

1 person likes this

snowy

@snowy22315 (202203)

• United States

17 Dec

I think a lot of people do try to get their items back

2 people like this

Amber

@AmbiePam (111688)

• United States

17 Dec

I just wanted to see if I could make a little money on things I don’t need or want.

2 people like this

MARILYN

@Marilynda1225 (88391)

• United States

17 Dec

I don't know anything about pawn shops

2 people like this

The Horse

@TheHorse (234444)

• Walnut Creek, California

17 Dec

I have never pawned anything.

2 people like this

Nocturnal Writer

@Nakitakona (59665)

• Philippines

17 Dec

I have no idea for I haven't tried it. My youngest daughter is used to pawn her jewelries to a pawnshop for she's short of money. And if she's unable to pay the principal amount' she just pay the interest.

2 people like this

Amber

@AmbiePam (111688)

• United States

17 Dec

Thank you for that information.

2 people like this

Nocturnal Writer

@Nakitakona (59665)

• Philippines

17 Dec

@AmbiePam That's alright.

2 people like this

rsa101

@rsa101 (40605)

• Philippines

18 Dec

I’ve never tried it either, so I’m not really sure what happens when something gets pawned. All I know is they’ll assess its value and decide how much they’re willing to take it as collateral for your loan, and if you don’t pay them back on time, they have the right to resell or possess ownership to it.

1 person likes this

Stacey

@xstitcher (37794)

• Petaluma, California

20 Dec

I'm afraid that I know next to nothing about them--I'm pretty sure I have been in one downtown, but I rarely go over there.

1 person likes this

Amber

@AmbiePam (111688)

• United States

20 Dec

It’s probably for the best.

1 person likes this

Anna

@LadyDuck (492091)

• Italy

18 Dec

I only know what I saw in movies, that means very little. I never used them.

1 person likes this

Loretta

@noni1959 (12290)

• United States

18 Dec

They don't give much and if you don't want to get it back, I'd try selling on the Marketplace first. I've visited them to buy things.

1 person likes this

Valerie J. Routhieaux

@just4him (321927)

• Green Bay, Wisconsin

18 Dec

I've been in them, but never bought anything from them.

1 person likes this

Anindita Sengupta

@aninditasen (17986)

• Raurkela, India

18 Dec

I don't know what a pawn shop is? We don't have them in my city.

1 person likes this

LindaOH

@LindaOHio (212510)

• United States

18 Dec

I know you won't get near the value of your items; but that gives me an idea of what to do with all the things my husband bought and never used. They are still in the packages. Thanks! Good luck.

1 person likes this