How it Works


Pawn in Private offers short-term collateralized loans, giving you an easy way to borrow money, without any credit checks or financial disclosures. You can use valuable items you already own to quickly obtain the cash flow you need, whether you pawn or sell your item.

The 3 step process is very simple

1. Fill out our description form

2. Accept our immediate quote

3. Get paid at your home or at our store

Security & Insurance

Your valuable items will be stored at our secured location with bullet-proof glass, solid metal doors and reinforced walls.

Our burglary-resistant, TL- rated heavy-duty safe is commonly used in major banks. The entire facility, including the safe, is monitored by ADT 24 hour burglar-alarm protection.

All items held in pawn are fully insured through Lloyd's of London. In the unlikely event that any items are lost or stolen, they will be replaced with identical items.

Rates and Terms

The monthly interest rate (including all fees)is determined by the loan amount, according to the following table:

Amount Rate + Fees
$0-$499 20%
$500-$999 15%
$1000+ 10%
Special Offer As low as 1%

For example, if you receive a $500 loan, you will have to pay $75 monthly in interest and fees.

Most other Illinois pawnshops have a flat interest rate of 20%, without consideration of the loan amount. In this case you would pay $100 in interest for a $500 pawn loan.

Our loans have a term length of 30 days plus a 30-day grace period. The loans are 100% renewable.

Interest payment (plus fees) can be made by card. Principal must be paid in cash

At Home Service

Don't send your valuables through mail! There are many horrifying stories floating around the internet...from items being significantly under-priced to valuables never being returned to their owners. The extended waiting period for fund transfers to your account may also be frustrating when dealing with online gold-buyers or pawn brokers. Deal with a trusted, local company

Benefits of using Pawn in Private for your financial needs:

1. We will safely pick up and transport your valuables to our secured location at no additional cost.

2. We will pay you on the spot, in the privacy and comfort of your own home.

3. We will deliver your valuable item back to you, free of charge, once you pay off your loan plus interest (Service does not apply for purchases).

Get a Quick Quote

At Store Service

What happens at the store?

1. Your item will be carefully evaluated by one of our professional appraisers.

2. You will be offered top value for your item whether you decide to take a loan or sell

3. Cash payment on the spot

4. Your item will be deposited in our secured storage room

What will I need to bring with me?

Your valuable item and a valid Driver's License or State ID (no social security number, no credit check, no collection action in case of default)

How long does it take to generate the loan?

On average, the whole process takes less than 15 minutes.

Inside the store view
1741 E. Central Rd Arlington Heights, IL 60005 | (847) 979-8660 |
Mon - Fri: 10am - 8pm | Sat: 11am - 6pm

About us

Store Outside View

Pawn in private is one of the most modern pawn shops in the state. We have managed to reinvent one of the oldest professions in the world and adapt it to our technology-based society in order to better serve you, when you need it most.

This is why you will not see piles of dusty merchandise in our store's showroom, but simple, clean shopping stations where you will use
I-pads to check our inventory.

This is why you will be able to pawn an item from the comfort of your own home and get cash delivered to your door quickly.

This is why you can be re-assured that your valuables are insured and protected using state of the art alarm and monitoring security systems.

Get a quick Quote!