Auto Pawn

Auto Pawns Loans are easy at our Pawn Shop in Huntington Beach.

Auto PawnHave you ever heard the term “auto pawn” and wondered what the process is all about? The concept is quite simple when broken down. Basically, if you own a car outright, you can borrow against its equity for a short-term loan.

For example, in the case that your car is worth $10,000, you can in theory borrow up to $10,000. You would then agree on terms and conditions that require a monthly payment and include an interest rate. If you fail to make your payments on time or fail to pay you will most likely be subject to fees, a higher interest rates, and chance losing your vehicle.

How Does an Auto Pawn Differ from a Bank/Traditional Loan?

  • No credit checks are required and no reporting to credit bureaus – When you apply for a bank loan, your credit is run and granted loans show up on your credit report. Auto pawn, jewelry pawn, and gold pawn loans don’t require credit checks. This is extremely helpful for those who have undergone a recent bankruptcy, home foreclosure or have a low credit rating.
  • The car is used as collateral – Traditional loans are based on faith that you will pay the loan back. On the other hand, when you participate in a pawn loan, the item pawned is used as collateral. If for some reason you default on the loan, you will lose the object you choose to pawn.
  • Auto pawn loans are usually granted instantly – Once you are approved for the loan, you can usually expect cash on the spot. They are great for emergencies. Some traditional loans can take quite some time to get approved.

If you are in a tough spot financially, you may want to consider an auto pawn. For approval, you must share proof that you own your car outright, have auto insurance and be able to make monthly payments. The sooner you pay off the loan the better, as interest quickly accumulates. Make sure you think carefully about your decision and find a pawn shop Huntington Beach that you trust.

We wish you luck as you find a deal that works best for your future!

Get the Cash you need with no credit checks!
At Pawn Shop Huntington Beach, you can borrow instant cash money against your car or truck in  minutes.  Sound simple?  That’s because it is.  Our quick and easy auto pawn loans get you the cash you need with an affordable payment plan. With us, you decide how much money you want to borrow and we’ll set up a payment plan to fit your budget.

Bad Credit – OK
We can loan you cash money even if you have bad credit or you’ve had a prior bankruptcy or repossession.

Borrow up to 60% of the value of your vehicle
If you own an vehicle that is paid off or nearly paid off, we can give you an auto pawn loan from $2500 up to half the wholesale value of your car with interest rates starting at just 5% per month.

Auto Pawn Loans

Questions? Please call (714) 465-4950.