The pawn industry is the oldest financial institution mankind has to offer and can be traced back more than 3,000 years. Pawnbrokers, also referred to as collateral loan brokers, make loans based purely on the intrinsic value of the item being pawned. The short definition - we offer a short term loan based on the value of the item being pawned. No credit check, no wait for approval by the loan officer, just fast cash! You bring in an item to pledge for a loan, you leave the item with us, and we give you cash and a receipt to bring back. In California, the term of the loan is four months. At the end of the term you can return to the shop and pick up your item by paying back the loan plus interest. Most people pick up their collateral and repay the loan, however, when they don't, we place the item in the showroom for customers to purchase at a discount.

Our Pawn Shop is a combination 'Lending Institution' much like a bank, and a discount retail/jewelry/tool store, with the BEST prices in town. Our store is clean and well maintained, with large and varied inventories. Feel free to bring your entire family in to shop! We work very closely with law enforcement at all levels to ensure that the material we take in is legally owned and offered.

So why should you shop or get a loan at Perris Pawn? Simply put, to get the best possible deal around on the finest of merchandise from our friendly, well trained and educated staff at the best possible price! What more reason do you need!?

What types of items do we take for collateral at Perris Pawn?

Anything of value! The most popular items pledged include gold and platinum jewelry, diamonds, high grade watches such as Rolex, Baume & Mercier and Patek Philippe, quality tools (makes such as Snap-on, MAC, Makita, Craftsman, Milwaukee and other industrial grade tools), guitars, musical instruments, TV's, cameras, computers, metal detectors, camcorders, video games...the list goes on and on!

Jewelry and Gold
TV's and DVD players - must have remote controls and be 2 years old or newer.
CAMCORDERS and RECHARGEABLE TOOLS must have the charger.
Electronics must be 3 years old or newer and completely operational
GUITARS and other musical instruments
CAMERAS must either be a professional grade format type camera or certain digital camera
LAPTOP COMPUTERS They must have a power cord, charger or adapter.
TOOLS
VIDEO GAME UNITS must have controllers, power adaptors/cords, and a game cartridge or disc.

IN ALL CASES, THE ITEM MUST BE FULLY FUNCTIONAL, WITH ALL KNOBS, DOORS, BUTTONS, CORDS, ANTENNAS ETC PRESENT AND WORKING! ALL ITEMS WILL BE TESTED FOR FUNCTION!

Do you buy as well as loan?

Yes, and you can get a slightly higher amount by selling. If you do sell, you DO NOT get the item back and we cannot hold it for you!

What does it cost?

You pay back the loan with an interest charge of apx. 10% per month or any portion of the month. You do NOT need to make any payments until you pick up your items.

How much can I get?

We have no maximum amount that we can loan on an item, up to a portion of its resale value. We loan a portion of the amount that we can expect to receive if we have to sell the item if you do not come back to get it. It is based upon years of experience and how well and fast different types of items sell. We do examine the item thoroughly before we can give an estimation. The majority of our customers pick up the items they put into pawn, however, we have to consider all items as potential showroom pieces.

What do I need to have to take out a loan?

You will need a state issued picture ID card or drivers license. This can be from any state. We CANNOT take anything from you without ID! We also CANNOT take birth certificates, social security cards, temporary drivers' license or ID card, car registrations, verbal ID from a friend, health department cards, pawn tickets from another pawn shop, paycheck subs, police reports and printouts, traffic tickets, insurance cards, rent/utility receipts, bank statements, photocopies of ID, passports, student ID, ID bought from the back of a magazine, mail, marriage license, divorce decree, fishing license, hunting license, library card, health club card, credit card, membership store card, draft card, hospital ID bracelet, report card, welfare/food stamp cards, your fingerprints or fingerprint card, union card, prison inmate ID, notes from your mother, company employee ID, high school or college diploma or check cashing ID cards for acceptable ID. The list of acceptable ID is very short and is defined by law. (And yes, we have been offered ALL of the above for ID.)

Will my items be safe?

Yes they will. We are licensed by the City and State and have undergone very extensive background investigations in order to be in business. Our operation is constantly monitored by the City and law enforcement. Our store is highly secured with vaults, security systems, monitored camera systems and armed personnel. All of us have heard the horror stories concerning items left in pawn. This is NOT the case at Perris Pawn! Many people, in fact, are so comfortable with us that they pledge their jewelry, coins and firearms for a small loan in order to have it safely stored, retrieving it when they want to wear or use it.

What are the terms of the loan?

You have 4 months in which to repay the loan and retrieve your items. You can pay the interest towards the end of your loan and we will give you another 4 months. This also applies if you are using Perris Pawn as a secure place to store your valuables!

How many tickets can I have at once? How often can I pawn something?

In short, as many as you want and as often as you want! We have many regular customers that pawn daily or even more often and others we see but once a year. You can bring in as many different items as you want, or you can bring in the same item many times. That is the beauty of the pawn shop - you can't max out your credit, only to be charged with an 'over credit' charge and the only limit on how much you can borrow is in how much your items are worth on pawn to us!

I want to pawn more than one item. Will they all be on one ticket?

We can put multiple items on a ticket, but we are subject to the following limitations.

They have to be 'like' items. A ring and a tool will be on two tickets, but three rings can be listed together or seperately, your choice.
Serial numbered items MUST by law be on separate tickets. NO EXCEPTIONS!!!!
You may split up your items to several tickets if you want to pick them up separately. Please understand that we do this as a courtesy, that the law allows us to put EACH item on a separate ticket but we have a limited amount of space in which to describe the items. Even on 'like' items, we can do a MAXIMUM of three items per ticket, (maximum number set by the police) and maybe fewer depending upon the length of the description!

What if I can get a higher amount for my item, but I elected to take less. Can I get the additional amount later?

No! Once a loan is written, we CANNOT change the amount of the loan. You can 'redeem' your item and we can write a new loan for the higher amount, less the interest already accrued and the original amount given, at that time. And no, you do not need to pay us before we pay you back; we will just deduct the interest from the difference.

Do I have a 'grace' period on the loan?

Yes. We provice a 10 day grace period at the end of the loan period and mail a courtesy notice to the address on the ticket.

What if I can't pay the loan off?

You may pay just the interest and handling charge. This will give you another four months. We do not accept part payments; however when you pay the interest and we re-write the loan for you, you may elect to pay off part of the loan at that time and we will re-write the new loan for the new amount. If you are out of town or cannot come in, you can have someone else pay the interest for you and we will give them a new pawn ticket for the new loan. It will be still made out in your name and you will either have to give someone written authorization to pick up the loan or come in yourself.

I live out of town. Can you ship me my items?

We can ship jewelry items and guarantee the shipment. This requires an additional charge of $15.00 which covers registered shipping and insurance. We can ship other items in pawn, but THIS WILL BE DONE AT YOUR RISK and not all items can be shipped!! You will need to check with us as to whether the item can be shipped and what it would cost. We can ship pawned firearms, but they have special requirements such as being sent to an FFL holder for transfer. Contact us for info on this! We will carefully package and ship the item. Check with us and we will give you the estimated costs. We need the written request for shipping to be made out and sent in with the ticket, with the address to ship to included! WE WILL NOT JUST SHIP IT TO THE ADDRESS ON FILE! If your signature tends to vary, it is a good idea to get it notarized.

Can I have a friend/family member/spouse pick up my loan?

Yes, as long as you give WRITTEN permission for them to do that by name. They will need to have ID. THIS DOES NOT INCLUDE FIREARMS, WHICH CAN ONLY BE RETURNED TO THE ORIGINAL CUSTOMER THAT TOOK OUT THE LOAN!!! If you know that you may want someone else to pick up the loan when you make it, you can sign a permission slip at the time of the loan and we will keep it with the loan. As long as your signature matches on your written note with what we have on file, we can release the items to someone else. THIS IS A COURTESY THAT WE EXTEND TO OUR CUSTOMERS. WE REGRET THAT IF YOUR SIGNATURE DOES NOT MATCH WHAT WE HAVE ON FILE, WE WILL BE UNABLE TO RELEASE IT TO ANYONE ELSE! THIS IS A SAFETY CHECK FOR YOU, SO THAT AN UNAUTHORIZED PERSON IS NOT ABLE TO REDEEM YOUR ITEMS IN THE EVENT YOU LOSE YOUR TICKET!!! We are not authorized to release an item even if we recieve permission from someone on the phone NO WRITTEN PERMISSION WITH A MATCHING SIGNATURE MEANS NO RELEASE OF THE PAWNED ITEMS! If your signature varies, you may wish to have the note notarized.

Do you mail out a reminder notice?

Yes. We will mail out a reminder at the end of the loan period to the address on the pawn ticket.

Can I get information about my loan over the phone?

Some. We treat ALL transactions as confidential, so we are limited to what we can tell you over the phone. Due dates and interest amounts can be given, but they are on the ticket that we give to you and it would be much faster and easier to look at your ticket. We CANNOT tell you what is in each ticket, determine which ring is in which loan or give you other such info over the phone. This is to protect your right of privacy!

I just realized that my loan expired a few weeks ago. Can I still get my items?

Maybe. But it may have already been sold, listed on the internet for sale, sold for 'scrap value' or otherwise not available. When material comes out of pawn, it is grouped together with other out of pawn items, sorted, cleaned and repaired as needed. Jewelry may be broken down into components or sent to be refined, or it may go to our inventory or offered on one of the many internet auctions we do.

I lost my ticket....what now?

Just bring in your ID. We do have to charge you a $3.00 lost ticket charge for each ticket. This is charged even if you still have your ticket but do not have it with you, and is non-refundable. This is charged regardless of your pawn history with us. IF YOU DO NOT HAVE YOUR TICKET, YOU WILL NEED YOUR ID!!!! NO EXCEPTIONS!!!!

I think I see something out for sale that was taken from me. What should I do?

The VERY first thing to do is to make a police report. ALL items that we take in are checked out by the police and are computerized to crosscheck with these reports. We hold all purchases for a month and loans are held for four months before we can sell them! WE CANNOT GIVE YOU ANY INFORMATION ABOUT WHO PAWNED/SOLD US AN ITEM! Remember that manufacturers make thousands, if not millions of the same item and that you are not the only one who bought one. Serial numbers, inscriptions, markings and suspected individuals are all very important items to put on the report. Less than one tenth of one percent of ALL stolen items end up in a pawn shop. Most are sold at flea markets, construction sites, second hand shops, taken to Mexico or to co-workers and friends. If you do have a police report filed and have the case (DR) number and the item is listed, we can put a hold on it while you contact the detective on your case. We cannot, however, just give you the item back. We will do everything we can to work with you, but you need to follow the proceedures set up by the police department and the state legislature! This includes prosecuting the individual(s) involved!

Do you offer any guarantees on an out-of-pawn item that I buy?

Yes we do. On electronics, tools and cameras, we offer a ten day guarantee. This does not cover abuse or a change of mind, though. We will fix, repair or replace at our option. We do not give cash back on returns, but we can issue a store credit.

Do you do 'lay-a-ways'?

YES!! We need a deposit of 25 percent and usually set it up for sixty days on most items. Other time arrangements can be worked out! We do not charge a service fee for layaway.

I bought something from you and I would like to trade it in on something better...what can I get on a trade in?

On jewelry items, if you have the original receipt and the item is still in good condition, we will give you the full purchase price as a trade in value on something that is substantially more expensive. This will allow you to enjoy an item for a time while you save up to buy a much better one, or to let you change your style periodically. Other non-jewelry items are subject to our regular evaluation concerning age and condition. Show us the receipt and we MAY be able to give you a better price on a trade in.

So just what do you sell at Perris Pawn?

Jewelry, TV's, VCR's, DVD's, cameras, tools, radios, stereos, guitars, musical instruments, video games, computers, stereos, mountain bikes, pool cues, camcorders, golf clubs, metal detectors, watches, binoculars, spotting scopes....the list just goes on. And of course, all at GOOD savings!