A pawn is a 90-day collateral loan during which you may pick up your items at any time. As a state licensed and regulated pawnbroker, we charge 3% a month, plus a $3.00 storage fee. At the end of your loan, you can decide to make a REDEMPTION or RENEWAL of your loan. A REDEMPTION is the payment of your PRINCIPAL + INTEREST, at which time you will receive your item or items back. A RENEWAL is a payment of INTEREST ONLY, which renews your loan for another 90 days. There is no limit to the amount of times a pawn can be renewed and you may also choose to surrender your items at any time as payment in full.

 At Norman's we go above and beyond to provide a pleasant pawn experience. We offer a 30 day grace period at the end of the 90 days and will work with each customer to help satisfy their specific needs.