Detroit-based pawn shop chain offering collateral loans, buying, and selling of jewelry, electronics, tools, and luxury goods across four Michigan locations.
Data compiled from public sources · Rating from CreditDoc methodology
American Jewelry and Loan was founded in 1978 and has grown to become one of the largest and most recognizable pawn shops in the world. The company operates four locations across Michigan: Detroit (flagship), Hazel Park, Pontiac, and Southgate. The Detroit location gained significant media attention as the setting for the reality television series Hardcore Pawn, which featured the business operations and transactions. Despite the television exposure, the company maintains its core function as a full-service pawn shop.
The company offers three primary services: pawn loans on collateral including jewelry, electronics, tools, and other items; retail purchasing of items at discounted prices including GIA-certified diamonds, luxury handbags, fine jewelry, timepieces, and equipment; and selling services where customers can exchange valuables for fair market value. The website emphasizes quick access to cash through collateral-based lending, positioning itself as a practical alternative for immediate financial needs.
American Jewelry and Loan distinguishes itself through its 45+ year operating history, multi-location presence, and brand recognition from the Hardcore Pawn television series. The company operates during extended business hours (9:30am-6:00pm Monday-Saturday) and provides contact through phone (313-345-4000) and email. The website includes appointment booking functionality and a newsletter signup, suggesting organized customer service operations.
As a pawn shop, this business model involves lending money in exchange for personal property as collateral, which carries inherent risks and limitations. Customers must be willing to part with personal items temporarily or permanently, and interest rates on pawn loans are not disclosed on the website. The service is best suited for individuals needing immediate cash who have valuable collateral and understand the terms of secured lending.
Yes. American Jewelry & Loan - Southgate is a registered company, headquartered in Southgate, MI.
Results vary by individual situation. Contact the provider to discuss expected timelines for your specific needs.
CreditDoc Diagnosis
Best for consumers in the Detroit area who need immediate cash and own valuable collateral (jewelry, electronics, tools). Primary caveat: pawn lending requires surrendering personal property and involves interest charges that should be carefully evaluated before borrowing.
Houston-based high-end pawn shop specializing in designer jewelry, luxury watches, and precious metals with 35 years of experience. Offers collateral loans, buying, selling, and appraisal services.
Best for: Individuals with luxury watches, designer jewelry, or precious metals needing quick short-term cash without credit scrutiny, Luxury watch and jewelry sellers seeking fair market valuations from expertise-based buyers
Houston Loan and Jewelry is a pawn shop offering collateral-based loans against jewelry, gold, and other valuables with quick funding and no credit checks required.
Best for: Consumers with no credit history or damaged credit who need emergency cash quickly, Individuals with valuable jewelry or gold items they can temporarily part with for immediate funding
PawnCo operates three Arizona pawn shops offering collateral-based loans, buying, selling, and layaway services for jewelry, electronics, instruments, watches, tools, and other valuables.
Best for: Arizona residents needing quick cash against collectible or luxury items they own, Buyers seeking discounted electronics, instruments, jewelry, and specialty tools
Your credit report contains the raw data behind your score. Learn what's in it, how to read it, and how to dispute errors that could be dragging your score down.
Read guide →Klarna, Afterpay, Affirm — they make spending easy. But what happens to your credit score when you use them? Here's what the fine print doesn't tell you.
Read guide →Learn what makes up your credit score, how it's calculated, what the ranges mean, and how to check yours for free.
Read guide →Affiliate Disclosure: CreditDoc may earn a commission when you click links to American Jewelry & Loan - Southgate and other services. These commissions help us maintain our free research. Our editorial team independently evaluates all services. Compensation does not influence our ratings or rankings. Learn more.