­Pawnshops and pawnbroking have been around for thousands of years. The basic idea behind any pawnshop is to loan people money. Here is how it works:

1. You bring in something to Western Loan & Jewelry you own and use it as collateral for a loan (this act is called pawning).
2. Western loans you money against that collateral (Gold Jewelry, diamonds, electronics, computers, tools or music equipment)
3. When you repay the loan plus the interest, you get your collateral back.  All interest, fees and loan terms are set by the State of California.  By law all pawn shops must have their rates posted.
4. If you don't repay the loan, the pawnbroker keeps the collateral.  This is called a non-recourse loan, which means nothing goes against your credit.

Call Western today for more information or to get a quote. (please note we sometimes need to see the item in order to give quotes)

Call today (323) 268-4900.