Larsen’s Jewelry & Half Interest Pawn Shop FAQ’s

Pawn transactions are transactions in which you “PAWN” a personal item in exchange for an amount of money for a specified period of time (30 days at Half Interest Pawn). Your item(s) serve as guarantee for the money borrowed. On your due date you have the option to pay your transaction in full and redeem your item(s); or you may choose to extend the transaction by simply paying the interest/fees due. You don not need to wait the full 30 days, you can get your item(s) back anytime.

Another option is to not pay the pawn transaction in which you will forfeit the items presented for pawn.

Pawning an item means that you are using your item as collateral to secure a loan. After appraising the value of your item, Half Interest Pawn will work with you to determine the loan amount. You then have 30 days to pay the loan + Interest and you can get your item that you pawned as collateral back

Selling an item at Half Interest Pawn is simply that: selling an item to the pawnbroker, You no longer own it and we are now the new owners of your item(s)

We have a few payment options available for you here at Larsen’s Jewelry & Half Interest Pawn.

1. Pay in person at the store with cash, or card

2. Call the store and make a payment over the phone

Accepted Card Brands, insert & chip reader

Visa, Mastercard, American Express, Discover, JCB, China Union Pay (UnionPay), Maestro, Visa Electron, and V Pay.

Mobile Wallets and Contactless

We also accept various mobile payment methods: Apple Pay, Google Pay, and Samsung Pay. 

Jewelry value will be assessed by our experienced team members and our pawn loan management software. The value is based on a number of factors, including weight and authenticity. Keep in mind jewelry specs: diamonds, gemstones, size, quality and authenticity of the diamonds will be considered to the value of the jewelry. Also the price will depend on the price of Silver & Gold on every given day.

We accept almost any item of value that is in half decent condition. We do of course prefer to see the item in person to test functionality, condition and more in person before quoting you a price, Things like fine jewelry, electronics, tools & more we normally always take

If you can’t pay back your loan on its due date, you are eligible to extend the principal amount by paying the interest charge and it will restart the 30 days, so you do not lose your item.

If you choose to not pay your loan in full or extend the loan within the 30 days, you will forfeit your item. At this time your item will become the property of Half Interest Pawn Shop and put our for sale in our store.

Yes. you’re due date is of course always on your ticket you recived when you pawned or laid away an item. If you lost your ticket or misplaced it you can always stop in or call us during business hours and we will gladly help you get your memory caught up on all your pawn & lay a way terms

Your item will be kept in a safe, dry, and secure area at all times. Our store has security cameras and your ticket with your personal information will not be visible to customers.

No. We do not check your credit score for pawn loans at Half Interest Pawn

Each item is assessed by us and our loan management software. The value is based on a number of factors, including the condition of the item and the market demand for the item.

We sure do, If you see a item you can’t live without and don’t have the full amount in cash, you can lay it away and start a payment plan. Ensuring no one else will be able to buy it from you!