Pawn Shops Madison

Madison offers a few solid pawn shops for buying, selling, or getting loans. Many locals bring in jewelry, electronics, and firearms for quick cash.

Madison, AL has 2 pawn shops in our directory. Top-rated options include THE PAWN SHOP.

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

THE PAWN SHOP

View details

7407 Hwy 72 W unit C, Madison, AL 35758, United States

+1 256-858-1139

4.6(20)

Gold Guns and Guitars

View details

7433 Hwy 72 W, Madison, AL 35758, United States

+1 256-325-3113 Website

pawn loansitem buyinggunsmithinggun cleaningscope mountingbore sighting

3.8(45)

What Madison 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.

Alabama Pawn Shop Regulations

Interest Rate25% per month (bundled pawnshop charge)

Redemption Period30 days grace period after maturity date

Regulated ByAlabama State Banking Department

Alabama Pawnshop Act (Title 5, Chapter 19A) bundles all charges into a single pawnshop charge capped at 25% of principal per month. Pledged goods automatically forfeit if not redeemed within 30 days following maturity—no additional notice required.

Tips for Visiting Pawn Shops in Madison

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 Madison?

Common items include gold jewelry, electronics, and tools.

Which pawn shops in Madison are well-reviewed?

Check out THE PAWN SHOP and Gold Guns and Guitars 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).