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No pawn shops found yet.
What Salem 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.
Oregon Pawn Shop Regulations
Oregon pawnbrokers must obtain state license requiring $25,000 bond. In addition to 3% monthly interest, setup and storage fees are permitted. Pledgor has 30 days after receiving loan expiration notice to redeem or renew. Unredeemed items become pawnbroker property.
Tips for Visiting Pawn Shops in Salem
- 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 Salem?
We're currently adding Pawn Shops in Salem. Check back soon or browse nearby cities.
What do Pawn Shops in Salem accept?
Salem 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 Salem?
Pawn Shops in Salem 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 Oregon?
In Oregon, the redemption period is 60 days minimum (90 days for new loans) + 30-day grace after maturity notice. Interest rates are capped at 3% per month on unpaid principal; plus setup fee (10% of loan, $2-$250) and storage fee (7% of loan, $2-$250). Always ask about extensions.
