Pawn Shops Lima

Lima 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.

Lima, OH has 2 pawn shops in our directory. Top-rated options include American Pawn ltd.

Loading map...

Disclosure: This page contains affiliate links. We may receive compensation when you click certain links. This does not influence our recommendations.Contains affiliate links. Learn more

Filter by services

American Pawn ltd

View details

2121 Elida Rd, Lima, OH 45805, United States

+1 567-371-3564 Website

pawn loansbuy/sell/tradeonline salesmake offer negotiations

4.4(172)

Cashland

View details

2355 Elida Rd, Lima, OH 45805, United States

+1 419-224-0215 Website

pawn loansretail salesgold buyinglayaway

3.3(21)

What Lima 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.

Ohio Pawn Shop Regulations

Interest Rate5% per month (60% APR) plus up to $4/month storage fee

Redemption Period120 days (3 months non-payment + 30 days after mailed notice)

Regulated ByOhio Department of Commerce, Division of Financial Institutions

Ohio has comprehensive state-level pawnbroker regulation under ORC Chapter 4727. If pledgor fails to pay interest for 3 months, pawnbroker must send written notice giving 30 more days to redeem. Daily law enforcement reporting required.

Tips for Visiting Pawn Shops in Lima

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 Lima?

Common items include gold jewelry, electronics like laptops or phones, and tools.

Which pawn shops in Lima are well-reviewed?

Check out American Pawn ltd and Cashland 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).