Pawn Shops Milford

Milford has a few solid pawn shops for quick cash or buying discounted items. Gold, electronics, and jewelry are commonly pawned or sold here.

Milford, CT has 2 pawn shops in our directory. Top-rated options include Milford Pawn LLC.

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Milford Pawn LLC

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910 Boston Post Rd, Milford, CT 06460, United States

pawn loansgold buyingitem buyingitem sellingtrade-in options
4.6(114)

National Pawn and Gold Buyers

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304 Boston Post Rd, Milford, CT 06460, United States

pawn loansjewelry loansgold buyingjewelry buyingbuy/sell/trade
3.7(19)

What Milford 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.

Connecticut Pawn Shop Regulations

Interest Rate5% per month (loans ≤$15); 3% per month ($15-$50); 2% per month (>$50)
Redemption Period60 days
Regulated ByConnecticut Department of Consumer Protection; Municipal licensing

Connecticut pawnbrokers are regulated under General Statutes Chapter 409. Interest rates are tiered by loan amount with lower rates for larger loans. After the 60-day redemption period expires, the pawnbroker automatically acquires full ownership.

Tips for Visiting Pawn Shops in Milford

  • 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 Milford?

Common items include gold, electronics, and tools.

Which pawn shops in Milford are well-reviewed?

Check out Milford Pawn LLC and National Pawn and Gold Buyers 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).

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