The Difference Between Pawning & Selling
Pawning Vs Selling
Pawn shops are an easy way to sell and pawn your valuables that you no longer need or simply need some quick cash for. You can get cash for things like jewelry, lawn care equipment, sports equipment, gaming consoles, and more. When it comes to the way you sell your belongings to a pawn shop, you have 2 options: pawning and selling. They are often confused with one another, but they are different.
Pawning your valuables is a short-term loan where you provide collateral, in the form of your items, for some cash. The pawn shop lends you some money with interest and you get your items back if you repay the loan on time. If you fail to pay the loan, your items are kept covering the cost of the loan for the pawn shop. Selling your item to the pawn shop is simply exchanging your goods for cash, it is not a loan. The option that is best for you depends on your unique circumstances and preferences.
Visit Our Pawn Shop Today!
Cross Creek Pawn & Jewelry is a pawn shop serving the Fayetteville, NC area. We buy and sell gold, silver, jewelry, TVs, computers, cell phones, and more. When it comes to selling your valuables, you have two options: pawning and selling. Pawns are short-term loans where you use your valuables as collateral. Selling is selling your items for cash with no strings attached, we keep the items, and you keep the cash. Visit us today to buy affordable items or sell your valuables!
