American Jewelry & Loan
20450 Greenfield Rd · (313) 345-4000
Bim's Pawnbrokers
5676 W Fort St · (313) 843-7113
City Pawn
8585 Greenfield Rd · (313) 377-7333
iPawn Detroit
21745 Eight Mile W · (313) 538-1305
Motor City Pawn Brokers
15440 8 Mile Rd · (313) 371-8201
Zeidman's Jewelry & Loan
2669 Gratiot Ave · (313) 486-5500
Diamonds R Us
10570 Gratiot Ave · (313) 921-1439
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What a pawn loan costs in Detroit
$18
maximum charge for the first month
- Total charges
- $18
- To get your item back
- $518
- Monthly rate
- 3.6%
Maximum allowed by state law. A pawn shop can charge less; your pawn ticket shows the real amount.
Pawning in Detroit: what to know
- Rates: Interest up to 3% a month plus storage of up to $3 a month (2025 compilation). See the Michigan pawn laws for every rule and source.
- Bring: a valid government-issued photo ID and the item with its accessories. Which IDs are accepted.
- Gold: weigh it and check the karat stamp, then estimate it with the gold pawn calculator.
- Compare: ask two or three shops for a loan offer and a purchase offer. Pawn or sell?
What people pawn in Detroit
Questions about pawn shops in Detroit
How many pawn shops are in Detroit?
We list 7 pawn shops in Detroit, MI. 6 have published opening hours.
Are pawn shops in Detroit open on Sunday?
None of the listed shops in Detroit show Sunday hours. 6 are open on Saturday.
Which pawn shops in Detroit are open late?
None of the listed shops show weekday hours past 7 PM.
How much does a $500 pawn loan cost in Detroit?
Under Michigan law, a pawn shop can charge at most $18 for the first month on a $500 loan.
Do Detroit pawn shops buy gold?
Most pawn shops lend on and buy gold jewelry. 1 of the listed shops in Detroit are also listed as gold or jewelry buyers. Estimate your gold with the gold calculator first.