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Did You Know You Can Pawn Against


Gold

Diamonds & Jewellery

Vehicles

Anything of Value

Why Pawning Is Better Than Getting A Payday Loan.


Use the chart below to compare pawning against pay day loans

Reasons Pawning Pay Day Loans
Loans are for 90 days at a time, not 14 days at a time.
Loans are infinitely renewable.
Interest Rates are low and reasonable, not as excessive as Payday Loans.
Loan rates and processes are heavily regulated by Canadian Government.
Pawn loans are paid out instantly and require virtually no paperwork.
Need proof of identity and address to get a loan.
Loans are not limited by your paycheque. Get $10 - $10,000.

What's It Worth?

Find Out What Your Item Is Worth

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SELL OR PAWN THE CHOICE IS YOURS


If you have an item of value and need cash - you have options!

Sell Pawn
Visit a Common Exchange Location Near You
Visit a Common Exchange Location Near You
We Place The Highest $ Value On Your Item
We Place The Highest $ Value On Your Item
We Agree To A Price To Sell Your Item
We Agree To A Price To Sell Your Item
We Do 5 Minutes of Paperwork To Finalize The Sale
We Do 5 Minutes of Paperwork To Finalize The Sale
We Give You Cash
We Give You Cash
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We Securely Store Your Item For Up To Three Months
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When You're Ready, You Claim Your Item
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You Only Pay The Interest For The Time Used
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You Get Your Item Back
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We Shake Hands & Hope To See You Again In The Future

If you no longer have use for your item then selling it may be best. On the other hand, items of value often have great sentimental value and you may want them back. In which case pawning it may be your best option.

Why Choose Common Exchange?


Pawn shops have been a part of thriving communities for hundreds of years. In fact, in England the local Pawn Shop was called “Uncle”, as in: “I’m going to see Uncle for a loan.” Pawnshops are a cornerstone of local communities around the world; helping our neighbours get the cash they need. Pawnshops provide instant loans against anything of value. We give you cash; you leave the item with us until you can pay back the loan. You don’t even need a job to pawn an item, just something of value, and an ID. It’s really that simple.

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With Locations Across BC, We're Sure To Be Nearby

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Common Questions About Pawning Your Item

  • Q: What kind of items can I pawn?

    Anything of value. If your item could be resold for cash, you can pawn it, or sell it with us. Obviously, the more value an item has, the more you can loan against it. We will loan or buy anything of value.

  • Q: Will my item be safe with you?

    Each location of Common Exchange has the highest standards of safety and security. Your item goes directly into one of our fire rated safes or secure garages and is not handled, touched or even looked at again until you come back to claim it.

  • Q: How much is my item worth?

    Every item we see is unique. Even items with certifications and designations or model years and trim levels are unique from each other. The only way we can know what any item is worth for sure, is to see it in person. We can often estimate by phone, but the only way to be sure is to take a look. We always pay the highest dollar values of anyone in BC.

  • Q: Can I pawn my item and then decide to sell it instead?

    We understand that circumstances in life change. If you pawned an item with us and now wish to sell it instead, all you need to do is come in with your claim ticket, pay the outstanding interest, and we will be happy to discuss purchasing the item instead.

  • Q: What do I do if I lose my claim ticket?

    When you pawn your item we start a file on you and your item that includes your phone number. This is for your protection. If you lose your claim ticket (and it happens a lot) all you need to do is call us, and we'll put a note on our system to check ID when claiming your item. That way, we know it's you when you come in.

  • Q: How long can I pawn an item for?

    A typical pawn is 90 days or three months. Pawning an item is intended to be a short term fix to a temporary financial situation. We work with our clients to avoid getting themselves into the PayDay Loan cycle of servicing debt. Instead our goal is to be a reliable source for short term cash flow assistance.

  • Q: What if I want to pawn it for longer than 90 days?

    No problem. Just visit the location you pawned your item with, bring your claim ticket, pay your interest to date, and we'll give you a new claim ticket for another 90 days.

  • Q: What happens if I don't claim my item after 90 days?

    Our goal is to work with you to get your item back. Contrary to what many believe; we don't want to claim your item, we want to get it back to you! So we will proactively call you and do our best to get hold of you to return your item to you. If you need more time, no problem we can work with you to give you more time or start a new pawn term.

  • Q: What does it cost to pawn an item?

    We strive to be transparent in our fees and costs. There is a one-time $2 fee when you pawn your item, and then 10% per month. So for example, if you pawned jewellery for $100, your fees will be:
    Month 1: $12 ($10 in interest plus your $2 fee)
    Month 2: $10
    Month 3: $10
    That's it. Pretty straight forward and transparent.

  • Q: What interest rate do you charge?

    Our interest rates are 10% per month for the value of the pawn. In addition there is a one-time $2 fee when you pawn your item. For example, if you pawned a diamond for $100, your fees will be:
    Month 1: $12 ($10 in interest plus your $2 fee)
    Month 2: $10
    Month 3: $10

  • Q: Do you really hope I don’t claim my item after 90 days?

    Absolutely not. We are in the business of providing loans to our valuable clients. We loan that money against an item of value, and we only make money when you collect your item. Therefore it is in both of our interests to work with you to make sure you get your item back.

What Our Clients Are Saying


I have been dealing with this awesome pawn shop for long time and everytime I go there they make me feel like part of the family and like im an important person so yes yes I would say need help go see these people they are awesome =)

KN, Maple Ridge, British Columbia

Find A Location

With Locations Across BC, We're Sure To Be Nearby

Find A Location