Pawn Shops Kokomo
Kokomo has a handful of pawn shops for buying, selling, or getting loans on items. Gold, electronics, and tools are among the most commonly pawned goods here.
Kokomo, IN has 4 pawn shops in our directory. Top-rated options include Kokomo Phones, Cash Loan & Security, and Worldwide Jewelry & Pawn.
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Worldwide Jewelry & Pawn
View details122 Creekside Dr, Kokomo, IN 46901, United States
Cash Loan & Security
View details501 S Reed Rd, Kokomo, IN 46901, United States
Blue Diamond Trading Post and Pawn Shop
View details1613 N Davis Rd, Kokomo, IN 46901, United States
What Kokomo 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.
Indiana Pawn Shop Regulations
Indiana pawnbrokers are regulated under IC 28-7-5 and licensed by the Department of Financial Institutions. Interest follows the supervised lender cap under Uniform Consumer Credit Code with additional servicing fee. Minimum loan term is 1 month.
Tips for Visiting Pawn Shops in Kokomo
- 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 Kokomo?
Common items include gold jewelry, electronics, and power tools.
Which pawn shops in Kokomo are well-reviewed?
Worldwide Jewelry & Pawn and Cash Loan & Security are solid options to consider.
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).
