Collateral Loans | Chesapeake Pawn and Gun in Chesapeake Virginia
Chesapeake Pawn Gun Bow Bait and Tackle Shop of Chesapeake Virginia provides a variety of retail and loan services, including collateral loans, to customers from the surrounding areas. For 20 years, our family owned pawnshop has provided quality service to the community.
If you need extra cash for any reason, Chesapeake Pawn Shop offers collateral loans to help you get the money you need. The way this service works is that you bring an item into the shop you plan to use as collateral. We will assess the value of the item, and then make you a loan offer based on that value. We offer these loans for 30 days and you repay in cash, plus interest and fee, at the end of the loan. There are no payment plans. You just repay the full loan at the end of the term or you may pay the interest and fee portion to renew your loan for another 30 days.
If you need extra cash, but no longer want the items you were considering pawning, you can sell them instead. We buy all the same items we accept as collateral, except we will normally offer more money for a buy than a pawn.
Guns: At Chesapeake Pawn Gun Bow Bait and Tackle Shop, we buy and sell guns, as well as offer collateral loans on guns. We are fully licensed, with our Federal Firearms License to buy, sell, and offer loans on guns. Our shop can offer a loan or buy a single gun, or an entire collection.
If you happen to be in the Greenbrier area of Chesapeake Virginia please stop in to our sister store Greenbrier Pawn shop. If you’re located in Virginia Beach please visit us in Hilltop at Hilltop Pawn Shop or Oceana Pawn Gun Bow Bait and Tackle Shop at Dam Neck and General Booth.