• Open 7 Days A Week Window Open Until Midnight! Showroom open 8:30 AM - 5:30PM

Store Policies and frequently asked questions

Mr. Steve’s Pawn Shop is a family-owned “collateral lender”. This means we lend money for personal items of value.

We provide collateral loans for your gold and diamond jewelry, broken gold, designer handbags, newer electronics, some musical instruments, and most other items of value. If you are wondering if we would loan on your item, you can give us a call at (323)735-0110.

There is no limit to the amount of items you can pawn.

In order to qualify for a pawn loan, you must be at least 18 years of age and present a valid state issued photo ID.

Loans are based on the value and condition of your personal item.

If an agreement is reached for a loan, an account will be set up with your information and you will be given money immediately. We will also provide you with a detailed contract, including the truth-in-lending, that details the cost of the loan and a description of the item pawned.

Our loan terms are for 4 months with a 10 day grace period. You can pay the cost of interest and keep your item safely-secured in our store for another 4 months and 10 days or you can pay the full loan amount and the cost of interest to retrieve your item at any time from the start of the loan to the end of the 4 month and 10 day period.

Yes, we send an electronic or mailed notice to help our customers not default on their loans.

Yes, no loan is too large at Mr. Steve’s. We will structure larger loans at a reduced interest rate depending on the client’s individual needs. Other fees may apply.

The cost for the amount borrowed depends on the amount of the loan and is regulated by the state of California.

Your interest and redemptions must be paid by cash or debit. Sorry, no credit cards or checks accepted.

Sorry, your merchandise must stay securely stored until full loan and interest payment is received.

Defaulting on a loan will not affect your personal credit. No further action would be required.

Please call us at (323)735-0110 or stop by 3800 S. Western Ave. Los Angeles, CA 90062 during our business hours. You may also click the diamond icon on our website to send us a chat.

We accept cash, debit, or credit cards for retail purchases.

A layaway plan is a payment plan on a retail purchase. You can put money down on an item you want to purchase in-store and make payments once a month for 6 months until you pay off your item in full and take it home. No guilt, no extra fee!

No, we do not offer loans on firearms.

Showroom hours
M-F 8:30 -5:30 PM
Sat  8:30 – 5 PM

Window Hours
M-F 5:30 – 12AM
Sat 5:00 – 12am
Sunday 8:30 – 12am

Need a Helping Hand? Mr. Steve's is here to help! No amount is too large. Need over $2,500? Mention this promotion in-store and get a cash loan if you qualify. Mr. Steve's can offer you an interest rate as low as 2% monthly. *A separate ticket fee may apply. Register with your email to be notified of future promotions and to sign up for our newsletter.