Need Fast Money for the Holidays? Here Are the Top Things to Pawn

With the holidays right around the corner, you are strapped for money. Everybody in your family has been bragging about all the things they want under the tree.

Regrettably, you don’t know how you can make that happen. The bank will not approve you for a loan and your credit will not get you anything either.

Rather than selling your soul trying to get some extra money, turn to pawn shops as an alternative. There’s no credit check and it’s a chance for you to clean out all that clutter in the attic.

The average national amount most pawn shops lend is around $150 but depending on the item, you can get much more.

To find out how much money you can get, here are the best things to pawn. Take a look!

Valuable Metals

Pawn shops are usually advertising that you can exchange your gold jewelry for a good wad of money. It might sound like a scam but it’s actually the truth.

Gold price fluctuates on a daily basis, but don’t let that deter you. it is a metal that’ll usually be in demand and pawn shops can make a nice profit from gold chains you no longer need. That mean they’ll be willing to offer you a nice price for them.

Other valuable metals include platinum, silver, and palladium to name a few.

Power Tools

Own more tools than you know what to do with? Pawn them!

You’d be surprised how many people go to a pawn shop looking for power tools. Especially ones that don’t come within a set.

Shop owners understand that plenty of construction workers walk through their doors looking for adding to their tool collection.

Video Game Consoles and Games

That Xbox collecting dust in the basement can make you at least three digits. Be sure it’s functional and cleaned properly in order to get the highest amount possible.

Selling games you will not replay can also be used to gain to some quick money but know that you’ll have to exchange more titles if you want to get at least $100. Popular games like Madden, Grand Theft Auto, and Call of Duty can get you a good amount.

Electronics

One caution when selling electronics: they should be somewhat new if you want a good sized loan. No one at the pawn shop is looking buy or exchange to their customers a TV that’s from twenty years ago.

Technology has changed so don’t expect to get a whole lot for electronics that have been sitting dormant in your home. Pawn shops want to invest in items that are relevant and in demand.

Lightweight laptops, iPads, and smart TVs are what people are looking for, especially around the holidays. If you have these to pawn, expect a higher amount to be offered to you.

Smartphones

Smartphones have become like water, a necessity of life. Nowadays, young and old people can be seen with a smartphone.

That said, they’re in high demand when it comes to pawn shops. Older versions of iPhones, Galaxy’s, and LG’s can have you seeing between $100 to $400. The newer the model, the more you’ll get so keep that in mind.

The Best Things to Pawn Answered

Don’t let the pressure of the holidays get you down. When you need to make some quick money, keep these best things to pawn in mind. You’ll have extra green while Everybody gets what they want on their list!