With the holidays just around the corner, you are strapped for cash. Everybody in your family has been bragging about all the things they want under the tree.
Unfortunately, you don’t know how you can make that happen. The bank won’t endorse you for a loan and your credit won’t get you anything either.
Rather than selling your soul trying to get some additional cash, turn to pawn shops as an alternative. There’s no credit check and it is a chance for you to clean out all that clutter in the attic.
The average nationwide amount most pawn shops lend is around $150 but depending on the item, you can get much more.
To find out how much money you can get, here are the best things to pawn. Take a look!
Pawn shops are always advertising that you can exchange your gold jewelry for a good wad of cash. It might sound like a scam but it is actually the truth.
Gold price varies on a daily basis, but don’t let that deter you. it is a metal that’ll always be in demand and pawn shops can make a good profit from gold chains you no longer need. That mean they’ll be willing to offer you a good price for them.
Other precious metals include platinum, silver, and palladium to name a few.
Have more tools than you know what to do with? Pawn them!
You’d be surprised how many people go to a pawn shop in search of power tools. Especially ones that don’t come within a set.
Shop owners recognize that plenty of construction workers walk through their doors in search of adding to their tool collection.
Video Game Consoles and Games
That Xbox collecting dust in the basement can make you at least three digits. Be sure it is functional and cleaned properly in order to get the highest amount possible.
Selling games you won’t replay can also be used to gain to some quick cash but know that you’ll have to exchange more titles if you want to get at least $100. Popular games like Madden, Grand Theft Auto, and Call of Duty can get you a good amount.
One caution when selling electronics: they should be somewhat new if you want a good sized loan. No one at the pawn shop is looking buy or exchange to their customers a TV that’s from twenty years ago.
Technology has changed so don’t expect to get a whole lot for electronics that have been sitting dormant in your home. Pawn shops want to invest in items that are relevant and in demand.
Lightweight laptops, iPads, and smart TVs are what people are looking for, especially around the holidays. If you have these to pawn, expect a higher amount to be offered to you.
Smartphones have become like water, a necessity of life. Nowadays, young and old people can be seen with a smartphone.
That said, they’re in high demand when it comes to pawn shops. Older versions of iPhones, Galaxy’s, and LG’s can have you seeing between $100 to $400. The newer the model, the more you’ll get so keep that in mind.
The Best Things to Pawn Answered
do not let the pressure of the holidays get you down. When you need to make some quick cash, keep these best things to pawn in mind. You’ll have additional green while Everybody gets what they want on their list!