Interest Rates *
A Wise Loan & Jewelry offers discounted interest rates based on how much money is borrowed.
Loans $1000 and over receive a discounted rate of
15% if paid in full within 30 days.
Most pawn, payday, and title lenders charge 22% or more regardless of how much money you borrow.
*Interest rates are based on a thirty day loan schedule
Pawn – To deposit an item of value with a pawnbroker as security for money lent.
Must be at least 18 years old to pawn, trade, or sell. Interest is charged monthly. Interest is due by the due date every 30 days. Any Pawn over 30 days late may be sold without further notice. The Item is redeemable only by the bearer of the pawn ticket or by identification of the person making the pawn. Tennessee state law requires all pawns to be held 48 hours not including the date the item was pawned. A Wise Loan & Jewelry reserves the right to refuse any item for any reason.
We take large items that most pawn shops aren’t willing or capable of taking such as: boats, jet skis, motorcycles, all terrain vehicles, commercial and residential mowers and lawn equipment, utility trailers, bobcats, skid loaders, back hoes, and bull dozers.
Items we buy and loan money against.