How to Pawn

Pawn Shops in New London, Connecticut

Pawning an item of value is a simple and convenient way to put some extra cash in your pocket. Yankee Peddler and Pawn issues short-term, collateral loans without the hassle of a credit check. We accept items like jewelry, gold, electronics, lawnmowers, and more! Each item is assessed based on its current worth to determine the value of the loan.

In order to pawn an item, you must present an item of value along with a state issued ID. Our staff will quickly appraise the item at its greatest value based on market conditions. Our knowledgeable staff will then fully explain the terms and conditions of your collateral loan.

After agreeing to a collateral loan, your items are not displayed for purchase in our showroom, but kept safe in a secure area under surveillance. You are then able to walk out of our store with the cash that you need! We file all pawned items in our computer system to ensure fast service and the proper identification of your merchandise once you repay your loan.

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