How to Pawn
A pawn loan is a simple, private way to borrow cash using something you own. There's no credit check, and your item comes back to you when you repay.
- Step 1
Bring your item and a valid ID
Bring the item with any chargers, boxes or papers, plus a current government-issued photo ID. No appointment is needed.
- Step 2
Get a free appraisal
We inspect and test your item, check current market values and make you a loan offer. You're never obligated to accept.
- Step 3
Walk out with cash
Accept the offer, sign your pawn ticket and leave with cash. We store your item securely until you come back for it.
Loan terms, explained
Every loan comes with a printed pawn ticket listing the amount borrowed, the finance charge, the due date and the total needed to redeem your item. Typical terms:
- Loan amount: based on your item's resale value, condition and demand.
- Loan term: [XX] days, plus any grace period required by Alabama law.
- Finance charges: set according to Alabama pawn regulations and disclosed in full before you sign.
- No credit impact: we don't run credit checks or report to credit bureaus.
Loan rates and terms follow Alabama law. See our Pawn Loan Terms & Disclosures.
Accepted ID
State law requires a valid, unexpired government-issued photo ID for every pawn or sale:
- State driver's license
- State ID card
- U.S. passport or passport card
- Military ID
- Permanent resident card
You must be 18 or older and the legal owner of the item.
Repay, extend or walk away
Repay & redeem
Pay your loan plus the finance charge any time before the due date and take your item home.
Extend your loan
Need more time? Pay just the finance charge to renew for another term, and earn BHS Rewards points each time.
No further obligation
If you choose not to repay, the item is forfeited after the term and grace period. You owe nothing more, and there's no effect on your credit.
Get a free loan estimate
Send us a few details and photos and we'll tell you roughly what we can lend before you visit.
Pawn Loans
How does a pawn loan work?
You bring in an item of value and a valid government-issued photo ID. We appraise it for free and offer a loan based on its value. If you accept, you leave with cash and we keep your item safe until you repay the loan plus the finance charge. Rates, fees and terms follow Alabama law.
Does a pawn loan affect my credit?
No. There is no credit check, and pawn loans are not reported to credit bureaus. Your item is the only collateral.
What happens if I can't repay on time?
You can usually extend your loan by paying the finance charge due. If a loan isn't repaid or extended by the end of the term and any grace period allowed by Alabama law, the item becomes the property of BHS Premier Pawn and Jewelry. You owe nothing further, and it won't affect your credit.
How do I make a payment or extend my loan?
Visit the store, call us, or use the Make a Loan Payment page with your ticket number and last name.