Latino Pawn and Jewelry Store logo

Latino Pawn and Jewelry Store

3.9/5

Latino Pawn and Jewelry Store offers instant cash loans against collateral including jewelry, electronics, watches, and musical instruments, with same-day service and no credit checks required.

Editorially reviewed by Harvey Brooks

Free to Use BBB: NR Free Consultation Visit Website

Latino Pawn and Jewelry Store Review

Latino Pawn and Jewelry Store is a pawn shop located in Los Angeles, California at 1724 East Florence Avenue, operating under the motto "Honesty is our Goal." The business has established itself as a collateral-based lending service serving the local community.

The company offers multiple financial services centered around pawn lending: customers can bring items of value and receive instant cash loans within minutes. They accept a broad range of collateral including jewelry (gold, silver, diamonds), electronics (TVs, computers, tablets, gaming systems), watches (all brands), musical instruments, tools (name brand power tools only), brand-name bags and shoes, bikes, and collectibles. The company also provides jewelry repair services including necklace and bracelet repair, jewelry cleaning and polishing, ring sizing, and precious stone replacement, with free inspection and quotes. Additional services include a buy/sell component for inventory, consignment arrangements, and an in-store layaway plan with free shipping on most online items.

Latino Pawn distinguishes itself through several specific offerings: they promote transparency with a stated commitment to honesty as their goal, offer a promotional rate of 0% first-month interest on loans under $100, accept diverse forms of government-issued ID (including matricula consular), and provide a mobile app (MobilePawn) for loan management, payment processing, and due date tracking. Same-day jewelry repair and same-day pawn service are emphasized.

As a pawn shop, this business is best suited for consumers needing immediate cash against collateral who lack access to traditional credit or prefer not to use it. The primary caveat is that pawn loans require surrendering physical items and are short-term solutions; customers must repay loans to recover belongings, and failure to repay results in the pawn shop retaining and selling the collateral.

Services & Features

Instant pawn loans against collateral (jewelry, electronics, watches, instruments, tools, bags, bikes, collectibles)
Item buying and selling
Jewelry repair (necklace and bracelet repair, cleaning, polishing, ring sizing, stone replacement)
Consignment arrangements for merchandise
In-store layaway plans
Free shipping on most online inventory items
Mobile app (MobilePawn) for payment processing and loan management
Free inspections and quotes for jewelry repair
Same-day service for pawn loans and jewelry repair
No-credit-check loan qualification

Feature Checklist

Credit Education
Identity Theft Protection
Score Tracking
Mobile App
Online Portal
Personal Advisor

Pros & Cons

Pros

  • No credit checks required—instant qualification based on collateral value alone
  • Cash disbursement in minutes, enabling same-day access to funds
  • Accepts diverse collateral types: jewelry, electronics, instruments, watches, tools, brand items, and more
  • 0% first-month interest promotion on loans under $100
  • Same-day jewelry repair service with free inspections and quotes
  • Mobile app (MobilePawn) for convenient loan management and payment tracking
  • Accepts multiple forms of government ID including matricula consular, serving immigrant communities

Cons

  • Requires surrender of personal items as collateral—loss of item if loan is not repaid
  • Limited to short-term borrowing solutions; not suitable for long-term credit needs
  • Website does not clearly disclose interest rates or loan terms beyond the promotional 0% first month
  • Physical location limited to one Los Angeles address; inconvenient for non-local customers despite online inventory

Rating Breakdown

Value
5.0
Effectiveness
3.5
Customer Service
3.7
Transparency
3.5
Ease of Use
3.9

Frequently Asked Questions

Is Latino Pawn and Jewelry Store legitimate?

Yes. Latino Pawn and Jewelry Store is a registered company headquartered in 1724 E Florence Ave, Los Angeles, CA 90001. They hold a NR rating with the Better Business Bureau.

Quick Facts

Headquarters
1724 E Florence Ave, Los Angeles, CA 90001
BBB Rating
NR
BBB Accredited
No
Starting Price
Free to Use
Setup Fee
None
Free Consultation
Yes
Money-Back Guarantee
No
Visit Latino Pawn and Jewelry Store

CreditDoc Diagnosis

Doctor's Verdict on Latino Pawn and Jewelry Store

Latino Pawn and Jewelry Store is best for consumers who need immediate cash and own collateral (jewelry, electronics, instruments, or other valuables) they are willing to pledge temporarily. The main caveat is that this is a short-term collateral-based lending solution—if you cannot repay the loan, you lose the item permanently, making it unsuitable for long-term financing needs or as a credit-building tool.

Best For

  • Consumers with immediate cash needs who own valuable collateral and lack traditional credit access
  • Individuals seeking short-term loans without credit checks or lengthy application processes
  • People with valuable items (jewelry, electronics, instruments) they are willing to temporarily pledge
  • Immigrant communities, given the company's acceptance of matricula consular ID
Updated 2026-03-24

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