Loan Process | We Make Cash Pawn Loans - Chesapeake Square Pawn


Chesapeake Square Pawn makes cash pawn loans on your valuables.

Fast and Simple

The pawn loan process at Chesapeake Square Pawn is simple; you come in with your valuables and we loan you what you need. The pawn loan amount is usually based on how much you need and what the item is worth. For a new customer the entire process takes less than 15 minutes, on average. There is no paperwork to fill out and no credit check. All you need is a valid, government issued ID. You simply sign the pawn ticket then we pay you cash and lock your valuables up in a safe place. You have 30 days to either repay the pawn loan or simply extend it by paying a small finance charge. When you repay the pawn loan, you get your valuables back.

fist full of cash

Loan Fees Are As Follows:

Loans of $25 or less = 10% fee
Loans $26-$99 = 7% fee
Loans of $100 or greater = 5% fee
All loans receive a 5% storage fee
There is a one-time fee of 5% or $3, whichever is less, on each loan.


Let’s say you pawn an item for $100. Our 30 day finance charge would be worth 10% (5% finance charge + 5% storage fee) + a one-time fee of $3.  You would pay ($10.00 + $3.00) = $13.00 total finance charge on the first 30 days of the loan.
Total payback amount within 30 days: $113.00

Extending the Loan:

You may extend as many times as you like simply by paying the 10% finance charge + $3.00 storage fee before your due date.

Secure and Safe

When you get a pawn loan on your jewelry, it will be sealed in front of you. We offer the option for you to sign the seal. This seal will not be broken until you come back to pick it up. All pawn loans are locked up on-site. Items are stored in high security safes with 24/7 video surveillance. We utilize multiple security systems as well as police monitoring. Items in pawn loan remain securely locked up until you redeem or forfeit them.

100% Confidential

All pawn loans and personal information are 100% confidential. At Chesapeake Square Pawn we respect your privacy and will NEVER disclose any personal information to a third party except as mandated by law.

No Credit Check Required

We do not check your credit. The collateral that you bring in will secure the pawn loan. There is no negative effect on your credit score if you do not pay back the pawn loan.

What to Pawn

Items that we commonly make pawn loans on include:

  • Electronics
  • Tools & Equipment
  • Jewelry & Watches
  • Musical Instruments
  • Luxury Designer Handbags
  • Sporting Goods
  • Game Systems
  • Computers
  • Collectibles
  • Coins
  • Gold & Silver
  • Diamonds
  • Firearms

Don’t see your item on this list? Bring it in anyway! We will gladly consider purchasing anything of value.

Come Visit Us in Chesapeake, VA or Give Us a Call
at 757-673-5268

Chesapeake Square Pawn IconChesapeake Square Pawn

2125 Starmount Parkway #123, Chesapeake

4.8 447 reviews

  • Avatar william neumann ★★★★★ 3 years ago
    First of all... the folks there are fantastic...very friendly. My experience with them was very favorable. I would surely deal with them again. They will give you a fair loan on whatever you bring them to pawn, and will work with you. … More
  • Avatar Ian Segarra ★★★★★ a year ago
    ⭐️⭐️⭐️⭐️⭐️ -I’ve been a customer of CSP for 3 years now. The owners and staff have consistently provided quality merchandise, competitive pricing, and fair evaluation of my pawned items. Not to mention their professional customer service, … More attention to detail, and very clean showroom.I was looking for pawn shop to develop a (buy/trade/sell) relationship with, and haven’t done business anywhere else since. What specifically stands out to me is their reasonable pricing of quality (new and used) electronics, firearms, and power tools. If you want a great deal, definitely stop in, check them out, and support this awesome local business.