EASY CASH PAWN | PAWN SHOP | NORTH FORT MYERS, FLORIDA | LEE COUNTY
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Pawning Services

​Easy Cash Pawn is one of the most competitive pawnbroker's in the area. We have achieved this by offering interest rates as low as 5% per month for qualifying customers, as opposed to our competitors who charge 25% per month. For help understanding how Easy Cash Pawn can help save you money on your pawns, see below.
Understanding pawn interest rates
The interest rate on your pawn is what you are charged for using a pawnbroker’s service. This interest rate applies to your principal borrowed, which is what you owe in order to pick up the item you pawned. Under Florida law, pawnbrokers are allowed to charge up to 25% interest per month (minimum $5 charged) on the amount you borrowed. Most pawnbrokers charge a flat rate of the maximum amount allowed under Florida law (25% interest per month). ​
How Easy Cash Pawn is different and helps save you money
Our way of charging interest is different than most Pawn Shops. Instead of charging a flat rate of 25% per month no matter what, our interest charges go as low as 5% per month for qualifying customers. There are several factors that are considered in lowering your charged interest rate fee. The three things we consider in qualifying a customer are:
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  1. Amount being borrowed vrs. The value of the item being considered to pawn. The lower the amount being borrowed against the overall value of an item(s) will qualify you for a lower interest rate. Example: If a customer brings in a ring valued at $500 and wants to pawn it for $50, this customer would qualify for a very low interest rate.
  2. Returning customer’s history. If you are a returning customer of ours and have utilized our pawning services in the past, your payment history (making payments on time, not having any items go into foreclosure, etc.)  will be considered in qualifying you for a lower interest rate.
  3. Pawning a firearm that has been purchased from us. If you have purchased a firearm from us and use the firearm purchased from us as your collateral for a pawn, you automatically qualify for a lower interest rate. Interest rate may vary based on your customer history if any.

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  • Home
  • Pawn Service
  • Firearms
  • Fishing Tackle
  • Locations
  • Contact us
  • About us