Central Mega Pawn offers customers a quick, convenient and confidential way to borrow money. Our pawn shop provides instant cash loans on a standard 4-month period using your valuable possessions as collateral. Per California law, you can pay-off your loan (or loans) as quickly as you wish for a discounted rate. Our pawn shop loans are based on the value of the item that is pledged as collateral and we make every effort to lend on the highest possible value.

Points to Remember:

We offer collateral loans only which means that we lend money on items such as gold, silver, gold & silver jewelry, coin collections, musical instruments, tools, laptop computers, televisions, video games, other electronics and pretty much anything that is of value.

There is no limit on the amount of money you borrow or the number of loans that you can borrow. You can have several active loans at a time and redeem or pay-off each loan ticket separately. The maximum loan amount will depend on the value of the collateral.

We can extend or renew your loan at the end of the 4-month period as long as you make the interest payments, there is no minimum or maximum loan period. If you need more time to redeem, pay the interest due at the end of the loan period and renew your loan while it is still active.

We do not pull credit reports so there is no impact on your credit record.

Failure to make the interest payments at the end of the 4-month period will result in forfeiture of collateral and you will lose your items.

All loans are confidential. We will only deal with the person who signed the legal contract. We will not take payments, pay-offs or redeem loan tickets to third parties however we will accept interest payments from a third party.

Loan Example:

Loan Period: 4 months

Loan Amount: $2500.00

Total Interest Paid $201.00

Total APR %24.12

Many payday or cash advance loans will charge up to 4X’s the amount of interest for that same $2500.00 dollars. At Central Mega Pawn APR Interest Rates can vary from 2% to 35.99%. Rates vary based on value of collateral as well as length of loan. All rates and terms of loans are strictly regulated by the State of California.