Services

The People’s Bank

Mens Jewelry

People occasionally need to borrow in order to pay their electric bills, gas for travel to and from work or simply to help tide them over to the next payday. People can borrow on tangible personal property, such as musical instruments, cameras, jewelry, tools, coins, and other similar items. When people need cash, they need it NOW! The pawn shop offers that opportunity.

Financial institutions demand payment, and if you fail to meet the obligation, your credit becomes tarnished. Pawn shops in the state of California are required to hold pledged property for a period of four (4) months, and at the end of the termination period a notification must be mailed giving an additional ten (10) days to redeem. In our pawn shop, people may redeem their property by paying the loan amount plus charges, or they may simply pay the finance charge and renew the loan for another four-month term. All charges are regulated by the state of California. However, if people are unable to do either or simply are not interested in getting the property back, they can simply walk away, no strings attached and no harm to their credit. No one is held hostage.

watches and clocks

We have an extensive inventory of collectibles such as pocket watches and coins. We have an in-house professional Numismatist, which gives us the ability to buy coins in small quantities or collections. We also make loans on coins.

You can also find high-end musical instruments as well as affordable student-type instruments.

What Is Required to Make a Loan?

A prospective pledgor must have one of the following documents to verify their identity, provided the document is currently valid or has been issued within five years.

  • A United States passport
  • A state or Canadian driver's license
  • An identification card issued by any state
  • An identification card issued by the United States.
  • A passport from any other country in addition to another item of identification bearing an address
guitar trumpets services High End Musical Instruments Money Loan DepartmentInside entrance to Ace Loan Office

In our pawn shops the pledgor or seller is required to sign an Affidavit of Ownership stating ‘under penalty of perjury’ that they are the true owner of the property and how it was acquired.

In addition, state law requires that a thumb print of the intended pledgor or seller be taken at the time of the transaction. Every item is reported to local law enforcement on a daily basis.

Some Items We Take As Collateral:

  • Keyboards
  • Coins
  • Sterling Silverware
  • Camera Equipment
  • Telescopes
  • Microscopes
  • Watches
  • Weight Scales
  • Home Stereo Equipment (Manufactured Last 5 Years)
  • Flat Panel Televisions (Manufactured Last 5 Years)
  • Swords
  • Power Tools
  • Musical Instruments
  • Video Cameras
  • Pocket Watches
  • Rods And Reels
  • Knives
  • Jewelry
  • Guitars
  • Guitar Amps
  • Cymbals
  • Mechanic Tools (USA Only)
  • Machinist Tools
  • MP3 Players
  • Digital Cameras
  • Bose Speakers
  • DVD And Blu-Ray Players