Collateral Loans

Pawn loans are short-term loan agreements where individuals can use their personal property as collateral to get a loan from a pawnbroker. Pawn loans are also commonly referred to as collateral loans.

Not sure how to get a loan? When you take your personal property in for a pawn loan, your valuables will be evaluated to determine worth – ultimately defining your loan amount. Once the pawnbroker has appraised your valuables, he/she will give you a loan offer based on your particular items’ value and any applicable laws. Pawn shops and pawn loans are regulated by federal, state, and local laws; those pawn regulations determine loan agreements, terms and conditions. For the term of your collateral loan, our National Pawn & Jewelry staff will ensure the safety and security  of your valuables. When you are ready to repay your loan and any accrued fees, you may reclaim your items.

Pawning items for quick cash and seeking pawn loans have become increasingly popular and preferred over other loan methods. Benefits include:

  • Collateral loans let you retain ownership of your valuables
  • Although laws dictate pawn regulations, pawnbrokers can help you determine your loan repayment options, such as loan extensions and loan renewals.
  • Pawn shops do not require credit checks. You can qualify for a pawn loan in minutes for quick cash.

How to Get a Collateral Loan

If you are in need of a collateral loans, National Pawn & Jewelry can help you get the quick cash you need. You can get a pawn loan using any items of substantial value. All you have to do is bring in any of our accepted items into one of our Texas pawn store locations to be assessed. One of our professional staff will guide you through the process and provide you with your pawn loan details. Our pawnbrokers will provide you with your loan agreement, including terms and conditions. Then, you are free to go with cash in your pocket!

Our Texas pawn experts keep the loan process simple – you won’t be surprised by any hidden loan fees. Visit our National Pawn & Jewelry stores with your gold, guns, electronics, music gear, jewelry (even bits and pieces), tools, or anything else you own and one of our friendly pawnbrokers will get you started.


To initiate a pawn loan in Texas or sell our brokers your items, you must provide a valid government issued license, picture ID, or U.S. passport. You must be at 18 years of age to engage in a pawn transaction. Getting a pawn loan in Texas, no matter what pawn shop you utilize, requires you to provide proof of age and residency.

*Other regulations and requirements may apply, per Texas pawn laws, including pawning guns.

Assessing Value

You can be certain that you will always get a fair and honest assessment at our National Pawn & Jewelry stores – our Texas pawnbrokers stay up-to date with market values and resell prices. When you bring in your merchandise, one of our knowledgeable staff members will walk you through the assessment process. You can be sure you are in good hands with any of our Central TX pawnbrokers, who use the latest research tools and strive to get you the maximum amount of cash for your personal property. Your valuables will be appraised based on a number of factors, but overall the evaluation process varies depending on the type of item up for pawn. For example, rings are evaluated much differently than firearms or used tools. For a gold ring, we would assess the percentage of gold (karats), whereas for used tools we would test functionality, wear, etc.

Before you come into a National Pawn & Jewelry store it may be beneficial for you to research the current market prices of the items you would like to pawn, for your knowledge. Generally speaking, item value is determined by what the general population is willing to pay for an item, which is also known as an item’s worth. The amount you are offered by the pawnbroker will be dependent on the following factors:

  • Uniqueness and Worth. Is your item rare and unique or was it widely manufactured? Will your item increase or decrease in worth over time? For instance, jewelry, silver, and gold often increase in worth.
  • Condition. Is your item in pristine condition or does it have a lot of wear and tear? Is your item damaged? Is it functional? Does your item have any visible dents or scratches
  • Preservation and Authenticity. Has your item been repaired? Does your item have its original parts?
  • Marketability. Is your item still in demand or is it obsolete? Can the pawnbroker expect to resell your item? Going back to our used tool example, is your used power tool obsolete or would someone still use it today? Would anyone want to purchase this item?

Market values and pricing can fluctuate throughout the year and is often changing. Please take heed that our Texas pawnbrokers have no control over the marketability of your valuables; they will, however, offer you competitive amounts for your collateral loan or when you are pawning your items for quick cash.

Pawn Shop Security and Item Safekeeping

Wondering about the pawn shop security measures we take at National Pawn & Jewelry? You can be confident that your valuables will be kept safe and secured until you return to reclaim your items and repay your loan at any of our locations. The safety and care of your items is just as important to us as it is to you – after all, if you do not return to claim your property after your loan term, your items become the pawnbroker’s property. Our experts ensure that your items are properly stored to prevent damage and theft.

To protect our employees and customers, we have taken precautions and improved our pawn shop security. Our pawn stores have the latest alarm equipment including a central alarm system and 24-hour surveillance camera complete with audio monitoring. We pride ourselves in being part of the community, and as such, our staff works closely with local law enforcement to prevent the buying and selling of stolen goods. All of our pawn shops are ATF compliant and follow all pawn rules and regulations. If you would like more information about our pawn shop security, please contact any of our Texas stores.