Pawn Shops Hammond

We're still adding Pawn Shops in Hammond. Check nearby cities or come back soon. Hammond has a solid selection of pawn shops for a city of its size.

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What Hammond 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 Hammond

  • 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 Hammond?

We're currently adding Pawn Shops in Hammond. Check back soon or browse nearby cities.

What do Pawn Shops in Hammond accept?

Hammond 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 Hammond?

Pawn Shops in Hammond 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 Louisiana?

In Louisiana, the redemption period is 3 months minimum maturity period. Interest rates are capped at 20% per month total (10% interest + 10% service charge). Always ask about extensions.

Need More Cash?

Get a title loan - keep your car

Gold Prices