Pawn Shops Newton

Newton offers a few pawn options for those needing fast cash or looking to sell items. Gold, electronics, and tools are commonly pawned or sold here.

Newton, MS has 1 pawn shops in our directory. Top-rated options include The Trading Post Company.

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The Trading Post Company

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120 Old Hwy 15 Loop, Newton, MS 39345, United States

4.0(26)

What Newton 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.

Mississippi Pawn Shop Regulations

Interest Rate25% per month (bundled pawnshop charge)
Redemption PeriodUntil maturity date
Regulated ByMississippi Department of Banking and Consumer Finance

Mississippi Pawnshop Act (§75-67-301 et seq.) allows maximum 25% of principal per month. Purchased goods must be held 21 days for police verification. Licensees must complete 6 hours pre-licensing education and maintain $20,000 net worth.

Tips for Visiting Pawn Shops in Newton

  • 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 Newton?

Common items include gold jewelry, electronics, and tools.

Which pawn shops in Newton are well-reviewed?

Check out The Trading Post Company for a reliable option.

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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