The Dark Hollywood Myth
Hollywood has long portrayed pawn shops as being dark, sleazy operations, just full of stolen property and shady characters. Nothing could be further from the truth! We are in fact, a combination 'Lending Institution' much the same as your bank, and discount retail/jewelry/tool store, only with the BEST prices in town.
Our store is clean and well maintained, with large and varied inventories and is staffed by some of the finest pawn brokers in the state! Feel free to bring your entire family in to shop! We work very closely with law enforcement at all levels to ensure that the items that we take in is legally owned and offered -- just ask our law enforcement customers.
How Pawnshops Are Really Operated
Most people have heard of pawn shops, but many have ideas and images that are, shall we say, less than accurate on just what a pawn shop is and what we offer. The short definition - we offer a short term loan based on the collateral that you pledge. No credit check, no wait for approval by the loan officer, just fast cash!
When you have a loan to buy your home, you pledge the home as collateral in the event that you don't, or can't, pay back the loan. If you don't pay your loan back, your home becomes the property of the bank. We operate in much the same fashion.
You bring in an item to pledge for a loan, you leave the item with us, and we give you cash and a receipt to bring back. In Florida, the term of the loan is 30 or 60 days. You can pay the interest at this time and we will give you a "new" loan, again good for another 30 or 60 days. Most people do pick up their collateral and repay the loan, but when they do not, we in turn sell the items to recover our investment.
So, the next time you see the dark portayal of Hollywood's idea of a pawn shop, you will certainly know that it is by far from the truth. Now, we can't say that some folks haven't had a bad experience with someone behind the counter of a pawn shop, but, we guarantee that at Chipley Gun & Pawn, you will always be greeted with a smiling face and treated with a taste of true southern hospitality. That is our promise and pledge to you!