American Jewelry & Loan
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American Jewelry & Loan
This is American Jewelry and Loan-where Detroit cashes in. You've seen Les and Seth and all the hardcore deals on TV, now it's your turn to be all about that pawn life. Make your stuff work for you and get paid today. Purchase items at a fraction of the retail price, including GIA Certified Diamond jewelry, luxury handbags, fine jewelry, timepieces, electronics, tools, equipment, and more.
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Pawnbroker [pawn-broh-ker] (noun): A person whose business is lending money at interest on personal, movable property deposited with the lender until redeemed.
Before banks or credit cards, there was pawnbroking.
For over 3,000 years, pawnbrokers have provided short-term loans and cash in exchange for valuable items.
These items are then held for a period of time (for example: three months).
The owner can repay the loan with fees (interest and storage) and receive their item back.
If the owner is unable to repay, the pawnbroker takes ownership of the item and sells it.
We'll offer you a loan based on the market value of the item for 90 days.
Market value is the current value the item could be sold for today (not the original price paid for the item).
The loan will include a 3% monthly interest rate and a $3 monthly secure storage fee.
On or before your loan expiration date, return with your pawn ticket and pay the loan amount plus all fees (3% monthly interest and a $3 monthly secure storage fee).
Once paid, we'll return your item to you.
If you choose, you can simply pay the interest and roll the loan over for another 90 days.
Ready to sell your item for fair market value?
Wondering what to sell?
Certain items may earn you more cash than others, but don't worry, almost anything can be sold.
Tools and Outdoor Equipment: Make sure that your power tools, lawnmowers, snowblowers, and more are in good, working condition.
Bring Documentation: Do some homework, if you can.
Try and bring in a professional appraisal if you have it for jewelry and a certificate of authenticity for memorabilia.
Cars & Boats: As a licensed dealership, you can easily sell your car, motorcycle, boat, jet ski, and more.
American Jewelry and Loan wants to let you in on a little secret: Here, you'll find everything you'd expect from a fancy jewelry store-without the fancy price.
With more than 40 years of experience in jewelry, we pride ourselves on offering our customers a wide selection.
We also know that jewelry is a highly personal accessory and always reflects one's unique style.
So, whether you're in need of a bracelet repair and polish or a custom engagement ring, our craftsman is here to help you with all of your jewelry needs.
Keep your jewelry in beautiful, wearable condition for generations to come.
Get the American Jewelry and Loan Jewelry Protection and Care Plan, and you'll be in the good hands of our experienced jeweler and team of trained associates.
Jewelry must be brought in-store for a maintenance inspection every four months to determine if repair services are needed.
Your plan also entitles you to up to five written insurance-quality appraisals to update the value of your ring.
Appraisals may be performed at any time.
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