How Our Loans Work
Borrowing money at West Mountain Pawn is easy and fast. We regularly make 90 day loans in amounts from as little as $15 to as much as $20,000. We make the process simple, pressure free and easy to understand. No applications, no credit and no waiting! We pay you cash on the spot in as little as a couple of minutes. When our customers need a quick cash loan, they know we will loan them top dollar for the collateral they deposit.
No appointment needed.
To get a loan with West Mountain Pawn you don’t need an appointment. You simply need to show up during business hours with an item of value that you will use as collateral for your loan. When you get a loan at West Mountain Pawn you will be treated with professionalism. We want your business and we respect you as a person.
At West Mountain Pawn, we have a strong reputation for paying more against the value of your collateral item than other pawn shops. We then put your item in one of our extremely secure vaults until you return to redeem it. Climate controlled and guaranteed safe and sound.
How much will I get?
The amount of cash you can borrow is determined by the value of the item you bring in as collateral. So, the more valuable your item is; the more money you can borrow. These items can be things such as jewelry with gold, silver or diamonds, tools, household items such as electronics, televisions, laptops, musical instruments and firearms. We will deal in anything of value even many things not on this list! You are welcome to give us a call and ask about a specific item being accepted.
We will let you know the most that we can loan you on your item, and you can choose the maximum or a lesser amount. We will also make an offer to buy your item outright if you are interested. We are usually able to pay more when you are selling us merchandise outright. The choice is yours and you won’t upset us by not doing business, We appreciate you giving us a chance to make you an offer and there are no hard feelings.
All of our loans are “non-recourse loans”. That means that you have the option to pay or not to pay off the loan. It is your choice. You are not required to pay off the loan and redeem your item. If you decide not to pay it off or make an interest payment within 90 days it will not affect your credit score. West Mountain Pawn does not report your decision to any credit agency or credit bureaus.
ALL LOANS ARE COMPLETELY CONFIDENTIAL.
If you decide to redeem your item, you have a right to do so at any time during the term of the loan. You may make an interest payment to extend your loan as many times as you need after the initial 90 days. At West Mountain Pawn, we make it easy. The only thing you need to do is show up at our store and pay off the loan principal (the amount you borrowed), the storage fees and the interest. No surprises because your original receipt lists out all of the charges beforehand. If you choose not to redeem the item during the term of the loan, the item you used as collateral will become the property of West Mountain Pawn. We will then be entitled to sell the merchandise to pay off the loan and other fees.