About Us

American Pawn and Guns

American Pawn and Guns is a family owned and operated business committed to having fun and delivering a great experience in your shopping experience.

About Us | American Pawn and Guns

Our Company

American Pawn and Guns (formerly Daddy’s Money Pawn Shop) is a family owned and operated business committed to having fun and delivering a great experience in your shopping experience. We are proud of our memberships of the Kansas Pawnbroker Association and National Pawnbroker Association.

We buy, sell and loan over a wide range of products and will look at anything for consideration. We offer top cash for your merchandise on loans and price. Call or stop by today and let us know how we can help or check out our great specials.

Don’t forget to ask about our FREE Movie Fridays!

FAQ’s About Pawn Shops

(source: National Pawnbrokers Association)

What does a pawn store do?

The core of a pawn store’s business is making collateral loans. Pawn stores offer loans, secured by something of value. The pawn store may have other business elements such as retail sales. However, pawnbrokers focus on lending money.

How does a pawn loan work?

Customers bring in an item of value, and the pawnbroker offers a loan based on a percentage of the item’s estimated value. The pawnbroker then keeps the item until the customer repays the loan with interest and any additional fees that may apply. Pawn stores are regulated on a federal, state and local level.

How much money can I get for my item?

On average, customers receive only a portion of the item’s retail value. Remember, the pawnbroker is loaning money on the item, not buying it. The pawnbroker must consider the cost of storage, security and future demand for the item, along with the resale value if the loan is not repaid. The average loan amount nationally is $150. However, loans can be made for any amount, depending on the value of the pawned item.

What kind of interest rate will I have to pay on the loan?

Interest rates vary from state to state and usually amount to less than bank overdraft fees, utility reconnect fees, or credit card late fees. As an example, an $80 pawn loan at 10% for 30 days would cost about $16. Compare that to an overdraft fee or a credit card late fee that may negatively affect your credit.

What do I need to do to get a pawn loan?

In order to secure a pawn loan, you simply need an item of value and proper identification. Pawn loans do not require a credit check, bank account or co-signer.

What happens if I don’t repay my loan?

Defaulting on a loan can never affect consumers’ credit scores. Because the loan is based on collateral—that is, an actual piece of property—the loan is considered paid in full when the item is handed over to the pawnbroker.