Frequently Asked Questions
We can usually get you the money you need right on the spot. Once we've agreed on the value of your merchandise and the amount of the loan, it only takes a few minutes to complete the transaction.
Parlet's Jewelry & Loan will loan money on a wide variety of merchandise. Our most popular items are fine and antique jewelry, diamonds, Rolex watches and gold jewelry. We also loan on guitars, cameras, automobiles, motorcycles and collectibles. If you have a question about your merchandise, give us a call or bring it down to our store.
We will loan the highest amount possible based on several variables pertaining to your item. For example, on diamonds we base the loan value on the 4 C's; Color, Clarity, Cut, and Carat Weight. For gold, we base the loan on the carat (10, 14, 18 or 22) and amount of your gold. Other items need to be seen to evaluate the loan amount. (There is no charge for assessing the value of your item.) A customer receives a percentage of the value the broker believes the collateral would bring in a sale. The percentage varies but Parlet's Jewelry & Loan prides itself on giving the largest loans possible.
The initial loan period can be extended by paying the interest due on the loan.
Save your money and renew your loan. Just pay your interest due and extend your loan out for another 4 months.
Over 90 percent of our customers redeem their loans. Parlet's Jewelry & Loan is in the business of making loans, not collecting merchandise. We want to build a long-term relationship with our customers, so we'll work with you for the best outcome possible.
Yes. You can take out as many pawn loans from us as needed to address your situation. You can get another loan with us even if you decided not to repay a previous pawn loan. We understand these situations can happen and still want to be able to offer you our services.
Absolutely. Parlet's Jewelry & Loan's staff has over 50 years of experience. We have the training and experience to quickly and accurately appraise the value of your jewelry.
We do not sell or pawn firearms of any sort.
Yes. State and Federal laws regulate the privacy of your transactions and we have procedures in place to safeguard your information. We are, however, required to report all pawn transactions to law enforcement to protect against property crimes and unauthorized pawns.
Bring your unwanted merchandise to our store and we will make an offer to purchase the item(s). Remember, we will pay more to buy your item than we will loan against it.