Facts about Pawnbroking

Beth Anundi

December 8, 2020

Nationwide, there are approximately 10,000 pawn stores, most of which are family-owned small businesses. They employ around 35,000 individuals and contribute about $3 Billion to the US economy. Independent pawnbrokers comply with local, state, and federal regulations and laws, and in most jurisdictions, provide local law enforcement with data on all transactions on a daily basis. Licensed, regulated independent pawnbrokers offer consumer credit secured by personal property. Pawn loans do not require a credit check and never negatively affect a customer’s credit.

Capital Pawn is family owned and run. We will tell you more about our story in the coming week.

Out of the 10,000 Pawnshops in the nation, Capital Pawn has earned Best Pawnshop in the Willamette Valley and garnered a top ten placement in Pawn Leaders Top Shop contest in 2020.

We are grateful to our customers who helped us earn these titles of honor and privilege. Thank you!