Pawn loans are the quickest way to borrow money without a credit check. Loan amounts are based solely on the value of your item used as collateral.

Pawn loans in Washington State are 30 days plus a 60-day grace period (90 days total). If you cannot pay back your pawn loan in full, including any applicable charges, you may choose to renew it to give yourself extra time. You may also choose to surrender your collateral as payment in full.

We provide pawn loans on a variety of items, including gold, silver, and diamond jewelry, electronics, collectibles, antiques, and more. Simply bring us an item of value, along with a valid state-issued ID, and we’ll get you cash within minutes of your loan approval.

If you are unable to pay back your pawn loan in full before the final due date and take your collateral home, you may choose to renew it by paying all interest and fees due to bring it current. You will be issued a new ticket, good for another 90-day period, just like the original loan.

You may also renew your loans using our exclusive Axels MobilePawn App.

Call for details on MobilePawn: (509) 535-2251

The majority of customers repay their pawn loans and pick up their items. If a customer chooses not to repay or renew the pawn loan prior the final due date the merchandise/collateral for the loan is forfeited and put out for sale. Axels Pawn & Luxury also purchases items of value if you do not wish to pawn your item.

The condition of an item is always taken into account during the appraisal process for a pawn loan or sale. For example, if one 32-inch television comes in perfect condition and another comes in with a crack in the case, we will loan more on the TV that’s in better condition. Most other merchandise is tested and checked to ensure it is in working condition. The better the condition of your pawned item, the more money we are able to loan you.

The condition of an item is always taken into account during the appraisal process for a pawn loan or sale. If one 32-inch television comes in that is in perfect condition and another 32-inch television comes in with a crack in the case, we will loan more on the TV that’s in better condition. Most other merchandise is tested and checked to ensure it is in working condition. The better the condition of your pawned item, the more money we are able to loan you.

When jewelry is used as collateral for a pawn loan, we test the precious metals and diamonds to determine its value. Diamond testing includes a visual inspection with a jeweler’s loupe and electronic testing using state-of-the-art equipment. We also weigh the item and determine the size, cut, color, and clarity of each diamond.

In addition to our visual inspection, we use various other testing methods to determine the amount of precious metals contained in the item. Once the item is weighed and assessed, we will offer you the highest possible value.

We also have a highly sensitive diamond tester that can detect lab-grown diamonds, a new product that has recently entered the retail market. While lab-grown diamonds do hold value, it is significantly less than that of natural diamonds. We will gladly check any of your jewelry for lab-grown diamonds at no charge.

Our staff updates the spot value of silver and gold every morning to ensure you’re getting the best possible offer.

The price of gold changes constantly due to a variety of factors. Some of the most common include:

• Market speculation
• Currency valuation
• Worldwide demand
• Gold production

We are not able to provide specific quotes over the phone. However, if you're unsure whether your item qualifies for a pawn loan, you're encouraged to give us a call at any of our locations. While we may offer a general range of possible loan values, we must see the item in person and conduct full testing before providing an exact quote.

Our pawn loan values are based on pre-owned retail prices, not the original purchase price of the item. Any collateral turned over to us and made available for sale is considered pre-owned and will be priced accordingly on our sales floor. The loan amount we offer is based on that resale value and our ability to sell the item.

We offer you as much as we can while still accounting for the costs of storage, insurance, and other business expenses.

Yes. Washington State regulates the pawn industry. Axels Pawn and Luxury is licensed and regulated by local authorities as well. We are subject to such federal laws as the Truth in Lending Act, Equal Credit Opportunity Act, Fair Credit Reporting Act, Patriot Act, and Federal Trade Commission rules on data privacy and security transfer.

We are also long-standing members of both the WA State Pawnbrokers Association and the National Pawnbrokers Association.

Axels Pawn & Luxury has the lowest cash pawn loan interest rates in the area. Depending on the loan amount, we offer monthly interest charges as low as 2.9% per month (see example below).

There is no minimum or maximum period for repayment. Our cash pawn loans run on a 90-day basis and can be renewed as many times as you need.

Axels Pawn is also MLA-compliant and offers loans with a fixed rate of 35% APR with all fees included.

After you take out your loan, you’ll have three options to get your item back:

• First, you can pay off your entire loan anytime within the first 90-day term and get your item(s) back.
• Second, you can pay just the minimum on your loan, which is the interest payment, within 90 days.
• Finally, unlike most traditional pawn shops, Axels Pawn doesn’t want you to lose your valuables.

Therefore, we allow you to make payments toward your principal loan balance along with the interest payments. You can get your valuables back once your loan is paid in full.

Axels Pawn does not require loans to be repaid within 60 days of the loan date.

Loan Example:

1. Loan Amount: $20,000

2. APR: 35%

3. Monthly Interest: $583.33

Axels Pawn & Luxury offers the best item-backed loans in the area. Our plans are flexible, with no minimum and no maximum repayment period. Our interest rate is 2.9% per month or 35% APR when clients borrow 20–35% of the liquid wholesale value of their pledged collateral over $10,000.

For example, if you have an asset with a liquid wholesale value of $30,000 and borrow $10,000, your interest would be $291.66/month. If you borrowed the money for 90 days, your total payback amount would be $10,875.

Our lowest loan rate is 0% for loans written on Saturday and paid in full within 48 hours—on the first following Monday, you will be charged nothing but the principal amount.

If you have any more questions, please review our FAQ page or give us a call.

The Process:

• Customers bring in an item of value.

• Pawnbroker offers a loan based on a percentage of the item’s estimated resale value.

• The pawnbroker then keeps the item until the customer repays the loan with interest and any additional fees that may apply.

We offer pawn term arrangements as low as 35% APR interest rate on $10,000+ pawn loans.

The loan repayment is based on a 90-day repayment period, with no maximum repayment period.