Pawn Shops Louisville

Louisville offers several pawn shops for quick cash or discounted items. Many locals pawn or sell gold, electronics, and tools to cover unexpected expenses.

Louisville, KY has 2 pawn shops in our directory.

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Choice Pawn

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5005 Preston Hwy, Louisville, KY 40213, United States

3.5(53)

Cash America Pawn

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4133 Shelbyville Rd, Louisville, KY 40207, United States

pawn loansretail salesgold buyinglayaway
2.4(35)

What Louisville 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.

Kentucky Pawn Shop Regulations

Interest Rate2% per month interest + up to 20% service fee per month (22% total)
Redemption PeriodUntil maturity + 10 days written notice of sale
Regulated ByLocal city/county governments (KRS Chapter 226)

Kentucky pawnbroker laws allow interest up to 2% per month plus service fees up to one-fifth of loan value monthly. After 60 days from maturity, pawnbrokers may sell items but must provide at least 10 days written notice. $1,000 surety bond required.

Tips for Visiting Pawn Shops in Louisville

  • 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 Louisville?

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

Which pawn shops in Louisville are well-reviewed?

Check out Choice Pawn on Preston Hwy and Cash America Pawn on Shelbyville Rd.

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