Pawn Shops Covington

Covington has a few solid pawn shops for quick cash or discounted items. Many locals pawn or sell gold, electronics, and tools to cover unexpected expenses.

Covington, LA has 2 pawn shops in our directory. Top-rated options include VINCENTS PAWN SHOP.

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VINCENTS PAWN SHOP

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1503 N Collins Blvd, Covington, LA 70433, United States

pawn loansgun transfersfirearms salesjewelry salesmusic equipment saleselectronics sales
4.6(46)

Cash America Pawn

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1180 US-190 Business, Covington, LA 70433, United States

pawn loansretail salesgold buyinglayaway
3.6(58)

What Covington 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.

Louisiana Pawn Shop Regulations

Interest Rate20% per month total (10% interest + 10% service charge)
Redemption Period3 months minimum maturity period
Regulated ByLouisiana Office of Financial Institutions

Louisiana Pawnshop Act (R.S. 37:1781 et seq.) sets maximum interest of 10% per month plus 10% service charge. Minimum loan period is 3 months. Items forfeit automatically the next business day after maturity without notice. Sunday operations prohibited.

Tips for Visiting Pawn Shops in Covington

  • 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 Covington?

Common items include gold jewelry, electronics, and power tools.

Which pawn shops in Covington are well-reviewed?

Check out Vincent's Pawn Shop and Cash America Pawn for reliable options.

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).

Need More Cash?

Get a title loan - keep your car

Gold Prices