3 Best Pawn Shops in Detroit, MI

"American Jewelry & Loan provides collateral loans on jewelry, electronics, and more. They pay top dollar for anything valuable. The shop has been serving the local community for 47 years. After being featured on the 'Hardcore Pawn' TV show, they gained global recognition. The showroom spans more than 20,000 square feet. American Jewelry & Loan provides the biggest selection of gold, diamonds, platinum, and watches in Metro Detroit. They pride themselves on providing exceptional customer service through their short-term collateral loans and the purchase of items, and they offer merchandise sales at fair market value. There is no impact on your credit score from a credit check. Customers can benefit from their free layaway plan to place jewelry and merchandise on layaway. American Jewelry & Loan has stores in Detroit, Hazel Park, Pontiac, and Southgate.

"Motor City Pawn Brokers offers short-term loans secured against collateral. Their mission is to deliver excellent service to customers. They offer fast, secure, and renewable collateral loans with flexible 12-month terms on a broad range of valuables, expertly appraised and fully insured. All of their items are appraised by highly trained and experienced brokers to ensure customers receive the best value for their valuables. Motor City Pawn Brokers keeps all jewelry and valuables in a secure vault with 24-hour surveillance and stores all non-jewelry items in a clean and organized warehouse onsite. There are no credit checks or background checks required to get a pawn loan. You can take advantage of interest-free layaway with just a 10% down payment. The store also offers cash loans, auto pawns, jewelry, watch repair, and custom jewelry design. Motor City Pawn Brokers has shops in Ferndale, Hamtramck, Roseville, and Warren.

"Zeidman's Jewelry & Loan is a family-owned and operated shop. They have been providing collateral loans throughout the metropolitan Detroit area for over 100 years. The team evaluates customers' estate jewelry, loose diamonds, timepieces, and gold coins in their presence to ensure comfort. Zeidman's Jewelry & Loan has the most experienced staff in the business. Their top priorities in each transaction are honesty, integrity, and confidentiality. All of their pre-owned watches are checked by a certified watchmaker and polished to ensure that their customers are getting high-quality and value. Zeidman's Jewelry & Loan offers a one-year warranty on all of its watches (both new and pre-owned). Whether you are selling your jewelry or timepiece, or taking a loan, they assure you that you will get the best offer and service available anywhere. Zeidman's Jewelry & Loan also has shops in Southfield and Warren, MI.