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What New Iberia 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.
Louisiana Pawn Shop Regulations
Louisiana Pawnshop Act (R.S. 37:1781 et seq.) sets maximum interest of 10% per month plus 10% service charge. Minimum loan period is 3 months. Items forfeit automatically the next business day after maturity without notice. Sunday operations prohibited.
Tips for Visiting Pawn Shops in New Iberia
- 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 New Iberia?
Common items include gold, electronics, and tools.
Which pawn shops in New Iberia are well-reviewed?
Check out Cash Out Pawn on S Lewis St.
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