What Are The Best Types Of Electronics To Use As Collateral For A Pawn Loan?

What Are The Best Types Of Electronics To Use As Collateral For A Pawn Loan?

Some of the most common types of items that people use as collateral for a pawn loan in order to quickly get the cash they need include jewelry, musical instruments, power tools, collectibles, memorabilia, accessories, and electronics. If you are looking to get a pawn loan but aren’t sure what to use as collateral, you likely have some electronic devices in your home that can get you the cash you need at your local Empire Loan location! In this article, we’ll talk about some of the types of electronics that can earn you the most when you use them as collateral for a pawn loan! If you have any questions about the pawn loan process or the types of items we accept at our eight locations across Massachusetts & Rhode Island, please don’t hesitate to contact our team at Empire Loan today! Give us a call on our toll-free line at 1-800-375-PAWN or fill out the contact form on our website, and we’ll get back to you as soon as possible!

Laptops & Tablets

If you have a relatively recent model of a laptop or tablet from a brand like Apple, Microsoft, HP, Dell, Samsung, or Lenovo, you can use it as collateral for a pawn loan! The amount we’ll be able to offer you for a laptop or tablet will be based on condition and a small percentage of the secondhand selling price on websites like eBay, not what you may have paid for them at retail. You can ensure that you get the largest offer possible for your laptop or tablet by including any accessories that may have come with it originally, including charging cables, cases, keyboards, styluses, etc.

Cameras & Photography Accessories

Another type of electronic that you can use as collateral for a pawn loan is cameras and photography accessories. Cameras from brands like Canon, Nikon, Kodak, Sony, Panasonic, GoPro, and more can earn you the cash you need when you bring them to one of our Empire Loan locations! Like most other electronic types, we’ll determine what we can offer you for cameras and their accessories by looking at condition and the secondhand selling price on second hand retailer websites, then offer you a percentage of what they’re selling for. You can maximize the value of the camera you’re looking to use as collateral by including anything that came with it originally: lenses, cases, charging cords, tripods, stabilizers, etc.

Gaming Consoles

One more category of electronics that are great items to use as collateral for a pawn loan (that we’ll mention in this article) is video game consoles. Whether you have an Xbox One, Xbox Series S/X, Playstation 5, PS4, or Nintendo Switch, you may be able to use it as collateral for a pawn loan at Empire Loan! When you bring us a gaming console to use for a pawn loan, be sure to include controllers, games, power cords, and other accessories you have in order to get the most for it!

Contact Empire Loan!

If you have any questions about pawning electronics or any other types of items, please do not hesitate to contact our team at Empire Loan! With eight locations across Massachusetts and Rhode Island, we’re proud to be New England’s most trusted & reliable pawn shop! Contact us today at your local Empire Loan location or call us toll free at +1 (800) 375-PAWN!

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