Pawn Shops New Milford

New Milford has a few pawn shops that can help with quick cash or buying discounted goods. Common items like jewelry, electronics, and tools are often accepted for pawn or sale.

We're still building our directory for New Milford, CT. Check back soon for local pawn shops.

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What New 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 New 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 New Milford?

Common items include gold jewelry, electronics, and tools.

Which pawn shops in New Milford are well-reviewed?

Check our listings above.

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

Gold Prices