Illinois

The fifth most populous state in the nation, Illinois is known as the Land of Lincoln and is home to the Cubs, Bulls and Bears. While Chicago is by far Illinois’s largest city, several other Illinois cities like Aurora, Rockford, Joliet, Naperville, Springfield, Peoria and Elgin have populations over 100,000.

Illinois is also the location of 251 pawn shops, and pawn brokers perform a couple important functions for Illinois residents. First, they provide a source of quick cash for cash-strapped patrons who need temporary loans to meet urgent needs like car repairs or bills. Pawn shops in Illinois make loans of small amounts of money in exchange for collateral of used items like jewelry (especially gold earrings, bracelets, necklaces and rings), televisions, watches, antiques, cameras, laptops and computers, musical instruments like electric guitars and amplifiers, bicycles, electronics like cell phones and iPods and collectibles of all kinds.

Pawn shops in Illinois are regulated at the state level, and generally the interest rates they charge are low in comparison to payday advance and other fast loan businesses. Plus, they require no credit checks or applications, so they are relatively quick and hassle free.

Illinois pawn shops, like others across the country, are also usually willing to offer a cash price for your item, so you can walk away with cash the same day.

The other function performed by Illinois pawn shops is as retailer of used goods. Pawn shops sell discounted used jewelry, including bracelets, gold rings, earrings and necklaces, cellphones and smartphones, watches, antiques and other collectibles, car audio, laptop computers, iPods and MP3 players, videogame systems, bikes, cameras and TVs. Great deals can be found at Illinois pawn shops, occasionally even the sought-after “pawn shop treasure.” And many pawn brokers will haggle!

So skip that mall, secondhand store, thrift shop and consignment store—check out one of the pawn shops of Illinois!

You can find a pawn shop in these Illinois cities and locations. It is estimated that Illinois has some 251 pawnshops.