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Hollywood: (954) 353-7296  ·  Margate: (754) 999-5626
ServicesHow It WorksLocationsAboutFAQBlog📞 Hollywood: (954) 353-7296📞 Margate: (754) 999-5626
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Simple & Transparent

How Florida Pawn Works

Getting a pawn loan or selling an item takes three simple steps. No credit check, no paperwork, no waiting — walk in and walk out with cash.

Find a Location
★★★★★ 4.7-Star Rated
⚡ Instant Cash Offers
🔒 Licensed & Bonded
👪 Family Owned Since 1947
📍 2 Broward County Locations
The Process

Three Steps to Cash in Hand

1

Get a Free Appraisal

Walk in to either location — no appointment needed. Our trained staff will examine your item and explain what goes into their evaluation. We look at brand, condition, market demand, and current resale value.

2

Receive Your Cash Offer

We make a fair, market-based offer on the spot. Jewelry is assessed by GIA-trained staff. Gold and silver are priced at current market rates. There’s no pressure — you can accept or decline at any time.

3

Walk Out with Cash

Accept the offer and leave with cash the same day. For a pawn loan, your item is held securely at our licensed facility until you’re ready to reclaim it by repaying the loan.

⏰ Broward County Purchase Hold

Florida law requires all pawn shops in Broward County to hold purchased items for a minimum of five business days before resale. This is a state-mandated consumer protection measure. Items are securely stored during this period and cannot be resold or transferred until the hold expires.

Pawn loan collateral is not subject to this hold — it remains available for redemption at any time during your loan period.

Pawn Loan vs. Outright Sale

Which Option Is Right for You?

Pawn Loan

A pawn loan is a secured short-term loan. You leave your item with us as collateral and receive a loan amount based on its value. At the end of the term (30–90 days), you repay the principal plus interest and get your item back. If you choose not to repay, you simply forfeit the item — there is no credit impact, no collections, no penalty beyond losing the item.

Outright Sale

If you don’t need the item back, selling directly is the fastest way to maximize your cash. We pay market-rate prices and complete the transaction on the spot. No repayment, no return visit required.

What to Bring

✓ A valid government-issued photo ID (Florida DL, State ID, or Passport)

✓ The item itself, in whatever condition it’s in

✓ Any original accessories, boxes, or paperwork (increases value)

Florida Law

Florida law requires a valid photo ID and thumbprint for all pawn transactions. Items are reported to law enforcement and held for 15 days before resale. This protects buyers and sellers alike.

Have Questions?

Call either location — we’re happy to walk you through the process before you come in.

Hollywood: (954) 353-7296 Margate: (754) 999-5626
Common Questions

Frequently Asked Questions

No. Pawn loans are not reported to credit bureaus. Defaulting on a pawn loan (choosing not to repay) has no impact on your credit score. The only consequence is forfeiting the pledged item.
Florida pawn loan terms run 30 days with the right to extend. Most customers can renew for additional 30-day periods by paying the accrued interest. We’ll work with you on timing.
Your item is stored securely in our locked facility for the duration of the loan. Items are not displayed or sold while active loans are open.
Yes. You can repay the loan and reclaim your item at any time before the due date. Interest is typically prorated to the payoff date.
Our appraisals are free and there’s no obligation to accept. If our offer doesn’t work for you, you’re welcome to take your item and leave.
Ready to Get Started?

Walk In Today — No Appointment Needed

Our expert buyers are at both locations. Get a free appraisal and walk out with cash — subject to the Broward County 5-business-day hold on purchases (see below).

Find Your Location
Hollywood
(954) 353-7296
Margate
(754) 999-5626