1. It’s FAST and EASY - At River City Pawn, in order to secure a pawn loan, you simply need an item of value and proper identification. Pawn loans do not require a credit check, bank account or co-signer. Your first transaction will take around 10 minutes. And once you’re entered into our system we can have you out the door with cash in hand even quicker than that.
2. It’s FAST and CHEAP - Interest rates usually amount to less than bank overdraft fees, utility reconnect fees, or credit card late fees. As an example, an $80 pawn loan for 30 days would cost about $16. Compare that to an overdraft fee or a credit card late fee that may negatively affect your credit. And you can have multiple loans from us for any amount you need. 3. WE NEVER CHECK YOUR CREDIT- Defaulting on a loan WILL NOT affect our customers’ credit scores. No credit checks on customers or reporting to consumer credit agencies. Because the loan is based on collateral—that is, an actual piece of property. A pawn is less expensive, less stressful and less risky than a cash advance. A pawn transaction is not reported to any credit agencies. If you forfeit your pawn (meaning you choose not to redeem your item) there is no penalty, and you are still a VALUED customer!
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