Pawn Shops Berkley
Berkley residents often turn to pawn shops for quick loans or to sell unused items. Gold, electronics, and jewelry are some of the most commonly pawned goods here.
Berkley, MI has 1 pawn shops in our directory. Top-rated options include 14K Pawn & Exchange.
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14K Pawn & Exchange
View details28975 Woodward Ave, Berkley, MI 48072, United States
What Berkley Pawn Shops Accept
- ✓ Gold jewelry & watches
- ✓ Electronics (phones, laptops, tablets)
- ✓ Power tools (DeWalt, Milwaukee, Makita)
- ✓ Gaming consoles (PS5, Xbox, Nintendo)
- ✓ Musical instruments
- ✓ Firearms (where permitted)
- ✓ Designer items
Acceptance varies by shop. Call ahead for specialty items or large quantities.
Michigan Pawn Shop Regulations
Michigan pawnbrokers are regulated under Act 273 of 1917 (MCL 446.201-446.219). Interest exceeding 3% per month renders the loan void—borrower owes nothing and pawnbroker must surrender item. Storage fees of $3/month and usage fees of $1/month permitted.
Tips for Visiting Pawn Shops in Berkley
- 1.Get quotes from multiple shops before deciding
- 2.Know your item's value - check eBay sold listings first
- 3.Bring valid government-issued ID (required by law)
- 4.Ask about interest rates and total repayment amount upfront
- 5.Keep your pawn ticket in a safe place
- 6.Ask about the redemption period and any grace periods
- 7.Ask if they report to credit bureaus (most don't)
Frequently Asked Questions
What can I pawn in Berkley?
Common items include gold, electronics, and tools that shops are willing to take as collateral.
Which pawn shops in Berkley are well-reviewed?
Check out 14K Pawn & Exchange for a reliable option in the area.
How much can I get for gold?
Offers vary by weight, purity, and current prices. Pawn shops typically pay below spot value - get multiple quotes to compare.
What ID do I need?
Valid government-issued photo ID (driver's license, passport, or state ID).
