Loans at King’s Pawn are for a period of 60 days with a 10-day grace period. You have two options during the 60 day contract. You may redeem your item or re-pawn ( renew ) your loan for another 60 days by paying the interest due at that time. All loan periods, interest charges are in accordance with Colorado laws. We will be sending a text message or a notice in the mail to you at the beginning of the 10 day grace period so please make sure we have your correct cell number or address. At the end of the 10 day grace period, if you have not redeemed or re-pawned ( renewed ) your loan, it will foreclose.
We strive to give top dollar for all of your loans and sale items. We stay current with some of the latest technologies which allow us to continue to give top dollar and stay competitive.
Having to get a loan can be a humbling experience. Here at King’s Pawn we care about our customers and we will help you feel more at ease because our customer are not just customers they are our friends and neighbors.
Just to show you how much we care. We will offer a “ONE TIME" new customer special. If you Click Here you can print out a coupon for your first loan with us!(Restrictions apply.)
Here at King’s Pawn if you purchase an item from us and need a loan in the future, make sure to keep the receipt.We will loan you half of what you paid as long as the item is in the same condition as when you bought it, but you must have the receipt. (This offer is only good for the first 3 months from date of purchase and other restrictions do apply.)
We buy gold
King’s Pawn has millions of satisfied customers with 40 years of experience. We will buy gold, platinum or silver in any condition and we will pay you in CASH on the spot.
We will give you TOP DOLLAR on your gold as we will give you prices on what today’s market shows. Gold is currently at record highs, so now is the perfect time to sell your broken, used or unwanted gold, platinum or silver.
Since 1977, The King’s Pawn has proudly served the people of the Northern Front Range of Colorado. It has been our mission since our inception to provide premiere service by focusing on the financial needs of our friends and neighbors of Weld County and the surrounding areas. Our customers have honored us, having won the People’s Choice Award for “Best Pawn Shop” several years running.
HOW DOES A PAWN WORK?
A pawn is another term for a collateral loan. Pawnbrokers lend money on items of value ranging from gold and diamond jewelry, musical instruments, televisions, electronics, tools, household items, firearms, and more. Some pawn shops may specialize in certain items. Loans are based on the value of the collateral. When a customer pays back the loan, their merchandise is returned to them. A customer may also choose to surrender your collateral as payment in full. Pawn shops may offer extensions/renewals (where permitted by state law).
DO MOST CUSTOMERS LOSE THEIR ITEMS?
On average, about 80 percent of all pawn loans are repaid. Repeat customers make up a majority of the business, similar to any other lending or retail establishment. Pawnbrokers establish relationships with their customers because they often borrow against the same items repeatedly. Pawnbrokers offer non-recourse loans, looking only to the item being pledged to recover their investment if the borrower chooses not to repay the loan.