Ventura County Pawn Shop
Pawn Property for Short Term Loans
Now Offering Short Term Collateral Loans
There are few places to obtain a short-term loan in Ventura County. Life can be turbulent and you may need help to pay bills or invest in your business. At Mills Jewelers & Loan, bring us your personal property and we can provide you a short-term collateral-based loan.
Pawn shops have been in existence for centuries. They offer a legitimate, safe and legal way to obtain short term financing. In fact, Pawn shops are one of the most heavily government regulated industries.
Mills Jewelers & Loan obtained its pawn license from the State of California. As such, we can offer residents short-term loans on all types of personal property, including but not limited to:
- Musical Instruments
- Gold, Silver & Platinum
- Sterling Silver
- Antique, Vintage and Family Heirlooms
- Native American Jewelry
- Old Pawn Jewelry
How the Process Works
Come to Mills Jewelers & Loan, we will review your property while you wait. We will calculate the value of the property you brought and make you a fair value loan offer. If you agree, we will process your index information and give you money on the spot.
We will then take your property as collateral on the loan and place it securely in our safe. You then have 120 days to return to our store, pay the interest and fees your item accrued and pick your property up.
If you do not return to pick up your property within 120 days, the loan is foreclosed (you relinquish ownership of your property) and title and ownership of the property passes to Mills Jewelers & Loan. We then have the right to sell or otherwise dispose of the property. All proceeds from the sale belong to Mills Jewelers & Loan.
We do not currently offer loans for cars or firearms. However, we have colleagues that we can contact who may be able to work with you.
Mills Jewelers & Loan offers terms from up to 4 months. APR Interest Rates vary from 2% to 35.99%. Rates vary based on value of collateral as well as length of loan. All rates and terms of loans are strictly regulated by the State of California. Example: Amount Financed $2500. APR 24.12 percent. Length of loan 4 months. Total Interest charge $201.00 Total Interest and Principle is $2,701.