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Let Rogers County Pawn provide you a short-term loan for your holiday shopping needs.

By: Cassie Woods | Category: Retail | Issue: November 2013

Andrew Ross, owner of Rogers County Pawn, is ready to help customers with buying, selling or pawning high quality ­
pre-owned items.

Andrew Ross, owner of Rogers County Pawn, is ready to help customers with buying, selling or pawning high quality ­ pre-owned items.

Rogers County Pawn is a locally owned pawn shop ­specializing in short-term ­collateralized cash loans on most items of value. It’s also a great place to find exceptional deals on new and pre-owned quality merchandise. Located on Highway 20 just east of Claremore, it has made ­getting fast loans, offering quality merchandise and ­providing great customer ­service a priority since ­opening its doors in April 2012.  

    “We are family owned and dedicated to providing excellent service to our ­customer,” said Andrew Ross, owner. “We know your items have value and we will lend you as much as possible. In addition to our pawn services, we also offer a place for ­customers to sell unwanted items or buy high quality ­merchandise at or near half off retail prices.”

    People often need to ­borrow small amounts of money that banks and other lenders are not willing to ­provide. A person has a low chance of getting a $300 or smaller loan from a financial institution for a 30 to 60 day period. The cost of the ­paperwork alone makes it unprofitable for banks to make these types of small loans. This has caused the popularity of pawn shops to rise.  

    Rogers County Pawn accepts practically any item that can be valued and stored as collateral on a loan. The most common items they see are jewelry, firearms, ­diamonds, hand and power tools, musical instruments, bicycles, televisions and other home electronics, antiques and coins. These items ­maintain their value over a reasonable period of time and are easy to store. They also allow customers to provide tangible collateral, eliminating the need to distinguish high risk from low risk borrowers. Loans from Rogers County Pawn can be as small as $5 or as high as $5,000, depending on the value of the collateral.

    “We understand that our line of business, in general, has a less than a stellar ­reputation,” said Ross. “But we work very hard to make our pawn shop the exception to that reputation and provide a true benefit to our ­customers.”

    When an item is brought in for pawn, Ross and his staff will first ask how much money is needed. Then they will carefully evaluate the item in order to lend the ­maximum amount. They always try to meet the ­customers’ needs when ­possible. If an amount is agreed upon by both parties, loans are given immediately.

    All collateral loans are carefully documented on a pawn ticket that includes the item’s description, the amount borrowed and the interest that will be due. Loans are made for 30 days, with an additional 30-day grace period. Customers can pay off their loan at any time in that 60-day period. The pay-off amount includes the original principal and ­accumulated interest. If a ­customer is unable to pay off the entire loan, he can pay the accumulated interest charges and renew the loan for ­another 60-day period. A loan on a pledged item may be extended indefinitely as long as interest charges are paid within each grace period. Additionally, customers may have as many collateral loans as is necessary for their ­situation. 

    “People should never ­worry about the security of their items in pawn,” said Ross. “We are licensed, ­bonded and insured, and you are absolutely guaranteed to get your valuables back when you repay your loan. Pawn shops are bound by state statute to carefully and responsibly care for pledged items. In fact, these items are often safer in pawn than they are in someone’s home.”

    Any customer is welcome to come in and sell their unwanted items for cash or to shop the inventory at Rogers County Pawn. In order to pledge an item and receive a loan, customers must be 18 or older and present a state-issued photo ID.

    To best serve its ­customers, Rogers County Pawn is open six days a week. Their hours are Monday through Friday from 9 a.m. to 5:30 p.m. and Saturday from 9 a.m. to 4 p.m. They are closed on Sundays.  

For more information, contact

Rogers County Pawn

13777 E. Highway 20
Claremore, OK 74017
(918) 342-4000

www.rogerscountypawn.com


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