Quality pawn shops are not as uncommon as television and film depictions would have viewers believe. While movies and TV shows may paint pawnbrokers and customers as shady characters looking to cheat one another for cash, this is an extremely inaccurate portrayal of these facilities. In reality, shops like Moore Pawn & Furniture of Lincoln, NE are an excellent option for anyone looking to buy or sell valuables, as well as for cash loans and payday advances. Here are more of the common myths about pawn shops that couldn’t be further from the truth.

3 Myths About Pawn Shops

1. They Sell Stolen & Outdated Products

Most fictional pawn shops are depicted as having stolen goods, fake antiques, and cheap knock-offs of designer brands. However, real shops are heavily regulated and require government-issued identification from anyone looking to sell an item. Some pawn shops even photograph their sellers in case a stolen item is reported through local police. Pawnbrokers are also highly trained to accept only items of real value.

2. Their Loans Are Unreasonable

From loan terms to interest rates, it’s widely believed that pawn shop loans are intended to ensnare people who can’t pay them off, allowing the shop to keep the loan’s collateral. Quality pawn shops, on the other hand, are careful to offer competitive repayment terms and interest rates for their area. They’ll tell you how they reached the price they’re offering for your collateral, from researching your item’s estimated value to the risk they’re assuming by giving you the loan.

3. They Are Typically a Last Resort

Pawn shop customers are typically depicted as desperate people who will pawn their last earthly possession for a few bucks. This myth breaks down when you remember that the items sold in a quality pawn shop are luxuries like electronics, musical instruments, jewelry, and antiques. It’s unusual to find anything that would ever be pawned as a last resort. 

If you’re in the market to buy or sell an item of value or looking for a payday advance to help with bills, you want the help of a quality pawn shop. Don’t settle for anything less than the friendly, welcoming atmosphere of Moore Pawn & Furniture, where you can find everything you need. From cash loans to fine jewelry and antique furniture, they’ve got it all. Visit their website for more information on their services, or call (402) 477-5116 if you have any questions. To get an idea of the items they currently have in stock, check out their eBay® page. The shop is also on Facebook.