Have a Question ? We have the answers!
A pawn is a collateral loan. You leave an item as collateral, we offer a loan amount, and a month to month term with a 10-day grace period to repay your loan amount. If you need more time to pay, you can renew the loan as many times as you need.
The value of other items is determined with their average online sale price and in-store salability. We determine the value by current precious metal or diamond wholesale market prices
At Sam’s Locker, we do our best to inform you when your pawns are about to expire. If you think you may not be able to make the payment at that time, you have the option to renew your loan. In case you don’t want to make the payment and/or recover the item, you must do nothing else. If you don’t arrange for a pawn renewal, the pawn shop will take possession of the item at the end of your 10-day grace period.
We offer a simple loan option of 1 month, with a 10 day grace. You can renew as many times as you’d like. If you need an extra month, we will offer one 30 day extension or custom options when needed.
You have the option to just pay the interest charges and renew your loan for another term. Visit our location for more information about renewals.
No. Your item can only be sold if the loan principle, interest charges, and applicable fees are not paid in time.
No credit check is required. Pawn loans are backed by the collateral you bring, not your credit history. And all your transactions are confidential.
To name a few, you can borrow money against gold, watches, jewelry, electronics, the latest devices, sporting equipment and power tools. Generally, if your item has a resale value of over $20, we can offer a loan against it.
Yes. Pawn shops are regulated on a local, state, and federal level. It is our responsibility to keep your information both safe and confidential.
Pawn shops in Idaho are regulated by the city jurisdiction and your local law enforcement which does not cap the the interest on pawn loans. We offer custom loan terms ranging from 5-20%. Additional storage and writing fees are not charged at our store. The monthly interest rate could be lower depending on the amount you borrow and the time you choose, but is usually lower than payday lenders, personal loans, bank overdraft fees, and late credit card fees. We strive to keep our interest rates low and competitive to make pawning with us a smart and affordable option when you need quick cash.
Borrow $20, $100, $1000, or $10,000. The amount loaned is a percentage of the value of the item you bring as collateral.
Yes. Precious metals, like gold, platinum, and silver, are still worth something depending on the market value of the metal.
You can send someone to renew your loan. However, only the original pledgee can pick up the merchandise.
Yes. We accept debit cards for payments on pawn loans. Also, you can use a credit or debit card when making a purchase at our location or our online store.
Yes. We will send out a text or phone notice when the contract is over and you are in your grace period.
There is no limit. Loans are based on a percentage of the collateral you bring. Some restrictions apply. See store for details.