Pawn Shops Morgantown

With 4 Pawn Shops in Morgantown, you have good options to compare rates. Local shops average 4.2 stars. The highest-rated is Cashland Pawn with 4.7 stars. Morgantown has a solid selection of pawn shops for a city of its size.

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Cashland Pawn

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530 Brockway Ave, Morgantown, WV 26501, United States

pawn loansbuying and selling merchandisecollateral loansretail sales
4.7(281)

WV Jewelry & Loan LLC

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188 Holland Ave, Westover, WV 26501, United States

pawn loanslayawaysonline salesin-store shoppingitem appraisalsbuying items
3.7(29)

J&S Pawn And Guns

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1704 Mileground Rd suite c, Morgantown, WV 26505, United States

pawn loansbuy/sell/tradefirearms salesjewelry saleselectronics salestools sales
3.6(67)

What Morgantown 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.

West Virginia Pawn Shop Regulations

Interest RateNo state-specific cap (general usury 6-8%); local ordinances may apply
Redemption PeriodPer local ordinance and contract
Regulated ByLocal county/municipal governments; WV Division of Financial Institutions

West Virginia pawnbroker regulation is minimal at state level (Chapter 47, Article 26), focusing on record-keeping and law enforcement reporting. Counties and municipalities may adopt more restrictive ordinances. Records must be maintained 3 years.

Tips for Visiting Pawn Shops in Morgantown

  • 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

How many Pawn Shops are in Morgantown?

There are 4 Pawn Shops in Morgantown, WV. We list all licensed pawn shops with addresses, hours, and customer reviews.

What do Pawn Shops in Morgantown accept?

Morgantown Pawn Shops typically accept gold and jewelry, electronics, tools, musical instruments, and other valuables. Each shop has different specialties - call ahead for specific items.

What percentage do Pawn Shops pay in Morgantown?

Pawn Shops in Morgantown typically offer 40-60% of an item's resale value for purchases, or 25-50% for pawn loans. Gold is usually priced at 40-60% of spot price. Get multiple quotes.

How long do I have to repay a pawn loan in West Virginia?

In West Virginia, the redemption period is Per local ordinance and contract. Interest rates are capped at No state-specific cap (general usury 6-8%); local ordinances may apply. Always ask about extensions.

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