What is a Pawn?
A pawn is a cash loan secured with collateral that is kept at the pawn shop for the term of the loan.
Anyone 18 years or over with a valid ID may pawn their items. If you live in the San Diego area and need quick cash, come to Royal Loan. Just bring your collateral (jewelry, gold,guns,guitars….).
There are no credit checks, no loan applications and no monthly payments.
If you don't pick up your item, it does not negatively affect your credit.
The loan term is 4 months and may be extended with payment of loan fees.
All interest rates are regulated by the State of California.
All information is held in the strictest of confidence.
How to Pawn
Bring your item of value in to the store where we can evaluate the loan amount. Once we agree on a price, present your valid state ID or DL and we will fill out the form. All loans are valid for 4 months with a 10 day grace period. You may come in anytime during the loan period and pick up your item.