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Carmichael Jewelry Exchange II
View details7701 Fair Oaks Blvd, Carmichael, CA 95608, United States
Carmichael Jewelry Exchange lll
View details7701 Fair Oaks Blvd, Carmichael, CA 95608, United States
What Carmichael 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.
California Pawn Shop Regulations
California has among the most regulated pawn industries in the US. Interest is capped at 3% per month under Financial Code Section 21200. Pawnbrokers must obtain licenses through local law enforcement and maintain $100,000 in liquid assets or equivalent surety bond.
Tips for Visiting Pawn Shops in Carmichael
- 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
How many Pawn Shops are in Carmichael?
There are 4 Pawn Shops in Carmichael, CA. We list all licensed pawn shops with addresses, hours, and customer reviews.
What do Pawn Shops in Carmichael accept?
Carmichael Pawn Shops typically accept gold and jewelry, electronics, tools, musical instruments, and other valuables. Each shop has different specialties - call ahead for specific items.
What percentage do Pawn Shops pay in Carmichael?
Pawn Shops in Carmichael typically offer 40-60% of an item's resale value for purchases, or 25-50% for pawn loans. Gold is usually priced at 40-60% of spot price. Get multiple quotes.
How long do I have to repay a pawn loan in California?
In California, the redemption period is 4 months + 10-day grace period after notification. Interest rates are capped at 3% per month on unpaid principal (plus $3/month minimum charge). Always ask about extensions.
