How Pawning works
A pawn is a short term (4 month) collateral loan with terms set and regulated by the State of Ohio. Our loan amounts are based on our experienced staff evaluating your items and making an offer to you. If you accept the offer, your item is placed in our storage room for up to 4 months with the terms of 6% interest monthly and a $6 storage fee. Example - $500 loan is $36 monthly charged once a month, every 30 days from your loan origination date.
Not looking for a loan? No problem! On top of pawn loans, customers frequent our store to browse our ever-changing inventory and to sell us their gently used items! We don't want you to feel intimidated by the process so please feel free to give us a call if you have any questions.
1. Bring us your items
We like all kinds of items at Dash 2 Cash Pawn Shop, but you can see some of the more valuable items we purchase & loan on here.
2. We value your items
We rely on our previous experience as well as resources from the nation's top appraisers to determine the value of your items.
3. We offer a loan
Based on our assessed value we will present you with an offer to sell your item or simply "pawn" the items for a 120-day cash loan.
4. Loan term is 120 days
You can redeem the loan anytime within 120 days of the loan term with a principle & interest payment. After 90 days we send a 30-day notice.
5. Extend loan if desired
You can extend the loan beyond 120 days with an "interest-only" payment adding 30 more days to the loan term. If no payment is made, the item is forfeited.
6. Redeem the loan
You can pay off the loan anytime within the specified 120 days with a payment of the principle and interest.
