Pawn Blog News

What Is A Pawnbroker?

Beck Pawnbrokers

What Is A Pawnbroker or Pawnshop ?

Pawn shops provide short-term, collateral-based loans to consumers. Getting a loan is fairly straightforward. You bring an item to a pawn shop. The pawnbroker looks it over. If he thinks it’s something he could eventually sell, he will offer to loan you a fraction of its value. If you accept the offer, you get cash on the spot. You also have a set time — usually around one to four months — to pay back the money you borrowed from the pawnbroker, plus any interest and fees. If you can’t repay the loan, you lose your collateral (the pawned item), which the pawnbroker can then sell to make his profit.


Need Fast Cash?

At Beck Pawn Brokers we offer fast micro pawn loans at the best rates. Pop in today. We offer the highest payouts on jewellery.


Recreational Vehicle Pawning

ATV Pawn

Becks gives the best deals on recreational vehicle pawns.


Coin & Stamp Collection Loans

Coin & Stamp Collection Pawn

At Beck’s we are experts at valuing coin and stamp collections. If you are in need of a short term pawn loan. We are here to help at a moments notice. Call any of our locations for a fast and friendly pawn transaction.


Beck Pawn Shop

Cash Now Edmonton

Collateral Loans

10% for 10 Days

20% for up to 30 Days

for Jewellery, Antiques and Historical Artifacts