Pawn Shops Madison Heights
Madison Heights has a few solid pawn shops for quick cash or discounted items. Jewelry, electronics, and tools are often pawned or sold here.
Madison Heights, MI has 11 pawn shops in our directory. Top-rated options include American Jewelry & Loan, American Jewelry & Loan - Hazel Park, and Great Lakes Pawn.
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Norman's Jewelry & Loan
View details24777 Telegraph Rd, Southfield, MI 48033, United States
Dynamite Pawn & Jewelry
View details4848 S Amherst Hwy, Madison Heights, VA 24572, United States
Great Lakes Pawn
View details27675 Grand River Ave, Livonia, MI 48152, United States
American Jewelry & Loan - Hazel Park
View details20804 John R Rd, Hazel Park, MI 48030, United States
American Jewelry & Loan
View details20450 Greenfield Rd, Detroit, MI 48235, United States
14K Pawn & Exchange
View details28975 Woodward Ave, Berkley, MI 48072, United States
Mel's Exchange LLC
View details21502 Van Born Rd, Dearborn Heights, MI 48125, United States
Metro Pawn & Guns
View details58872 Gratiot Ave, New Haven, MI 48048, United States
What Madison Heights 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.
Michigan Pawn Shop Regulations
Michigan pawnbrokers are regulated under Act 273 of 1917 (MCL 446.201-446.219). Interest exceeding 3% per month renders the loan void—borrower owes nothing and pawnbroker must surrender item. Storage fees of $3/month and usage fees of $1/month permitted.
Tips for Visiting Pawn Shops in Madison Heights
- 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 Heights?
Common items include gold, electronics, and tools.
Which pawn shops in Madison Heights are well-reviewed?
Check out Norman's Jewelry & Loan and Dynamite Pawn & Jewelry 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).
Need More Cash?
Get a title loan - keep your car