Frequently Asked Questions

Have a Question? Read our FAQs or Call Us!

We pride ourselves on honesty, integrity and respect for our customers.

What Is Pawn?

A pawn is a means to get the cash you need. You bring in an item, and leave it as collateral, we offer a dollar amount, and a term with a 10-day grace period to repay your pawn amount. You can renew these terms as many times as you need and we will work with you during the process. We can do small pawn term arrangements and 35.99% APR on a $25,000 pawn or higher.

Example Pawn Loan Term:

Loan Amount: $25,000+

APR: 35.99%

A 25K pawn the monthly interest would be $750.00.

How Do You Determine The Value Of An Item?

We determine the value of the item(s) based on in-store, auctions, and prices online. The easier the item is to value, the easier it is to get you the cash you need. When dealing with precious metal (gold/silver) or diamonds we determine the value by current market dealer prices.

What Happens If I Don't Pay On A Loan/Pawn?

At R&J Pawn and Loan we send a text and phone call notice when your pawn is due. If we do not hear back from you within a few days of your late notice, we will take possession and sell your item after the grace period.

If I Don't Pay My Pawn, What Happens?

We will put your item up for sale, work with you on a layaway term or whole-sale to a dealer. This all depends on the item and your communication with us.

Do You Need Good Credit To Pawn or Sell With You?

No credit check is required.

What Items Can I Pawn?

We will consider any luxury items with value, especially precious metals, diamonds.

How Do You Determine The Loan Amount?

We are able to help with amounts from $20 dollars to $100,000. We have the ability to work with you on high dollar loans, up to $500,000.00. Our professional staff bases pawn amounts on the value of your item—its current appraised value, its current condition and our ability to sell the item. We use all the research tools we have at our disposal to determine an item’s value and get you the most money we can. The amount of the offer is based on the wholesale, resale/secondhand value of the item, not the new price. For example: We can do small pawn term arrangements and 35.99% apr for 20k pawn and above. For example, on a one year fixed rate 25K pawn loan the monthly interest would be $750.00.

Do Most Customers Lose Their Merchandise?

On average, 80%+ percent of all are repaid. Repeat customers make up much of our business. Some customers borrow against the same items regularly. If the borrower chooses not to repay, we must try to recover our investment from the item left in pawn. We prefer that customers return for their property.

Are Pawn Shops Regulated?

Yes. States have regulated the pawn industry for decades. In addition, local authorities oversee licensing and regulation of most pawnbrokers. We are subject to laws such as Truth In Lending Act, Equal Credit Opportunity Act, Fair Credit Reporting Act, Patriot Act, and Federal Trade Commission Rules on Data Privacy and Security Transfer. At the federal level, regulatory authorities include the Federal Trade Commission (FTC), Bureau of Alcohol, Tobacco, Firearms and Explosives (ATF), and the Treasury Department.


We buy, sell, and pawn on a variety of items, from scrap gold to fine jewelry and everything in between.


We are a trusted family owned and operated pawn shop. We give honest, transparent jewelry & diamond appraisals.


We will consider buying or pawning on almost any luxury watch that is in good condition. Rolex, Benson, Cartier and others.


Your luxury handbags and accessories can be used as collateral for pawns at R & J Pawn. Michael Kors, Coach

Kate Spade, and others.

1175 Story rd #115

San Jose, CA 95122

Collateral loans are 4 months in length. Interest on loans $2,499 or less are capped at 3% per month and could be less depending on the loan amount.

R & J Pawn & Loan © 2021 All Rights Reserved