Why does the loan amount differ from the retail price?
Pawn loan standards are based on current market value for pre-owned merchandise. The loan amount we are able to give you is based on our ability to resell the item in the future if it is forfeited. Pre-owned items sell for much less than new items therefore they are worth less as collateral. At the same time they are priced accordingly if become available for sale in our store. Our customers enjoy the convenience of being able to trade unwanted items for something else they need.
