City Pawn logo

City Pawn in Detroit, MI

4.6/5
Google rating from 202 reviews

City Pawn is a Detroit-based pawn shop offering collateral-based loans and buying services for jewelry, electronics, and other valuables.

Data compiled from public sources · Google rating shown when a stored review count is available

City Pawn Review

City Pawn operates as a traditional pawn shop located in Detroit, Michigan, serving the local community with financial services centered on collateral-based lending. The business is situated at 8585 Greenfield Road in the 48228 zip code area and has established itself as a retail operation within the pawn industry.

The company offers pawn services, which typically involve providing short-term loans in exchange for personal items of value as collateral. While the specific product details are limited in the available data, pawn shops generally facilitate transactions involving jewelry, electronics, musical instruments, tools, and other merchandise. City Pawn operates a physical retail location where customers can conduct transactions during business hours.

City Pawn maintains consistent operating hours throughout the week, open Monday through Saturday from 9:30 AM to 5:30 PM, with Sunday closures. The business is contactable via phone at (313) 377-7333, allowing customers to inquire about services, pricing, or item valuations before visiting. The Yahoo Local listing indicates the business is actively operational and maintains a verified presence in the local directory.

As a pawn shop, City Pawn serves consumers seeking quick access to cash with eligibility claims to verify or traditional lending requirements. However, customers should understand that pawn transactions involve surrendering personal property as collateral and typically come with redemption deadlines and service fees. The limited transparency in publicly available information means potential customers should contact the business directly to understand specific loan terms, interest rates, and policies before engaging with their services.

Services & Features

Electronics purchasing
In-person customer transactions
Item valuation and assessment
Jewelry buying and trading
Merchandise resale (implied from pawn shop model)
Pawn loans against personal collateral
Phone-based inquiries and consultations
Short-term collateral-based lending

Feature Checklist

Mobile App
Online Portal
Score Tracking
Credit Education
Personal Advisor
Identity Theft Protection

Pros & Cons

Pros

  • Convenient Monday-Saturday hours (9:30 AM - 5:30 PM) for working customers
  • Located at accessible street address (8585 Greenfield Rd, Detroit) with nearby parking and amenities
  • Direct phone contact available for pre-visit inquiries and valuations
  • eligibility claim to verify for pawn loans, unlike traditional lenders
  • listed cash-access timing without lengthy application processes
  • Serves underbanked populations without access to traditional financing

Cons

  • Limited publicly available information about loan terms, interest rates, or redemption policies
  • Closed on Sundays, limiting access for some customers
  • Pawn transactions require surrendering personal property as collateral with risk of loss
  • No online presence or website shown, limiting accessibility for research or remote inquiry
  • Generic listing provides minimal detail about specific services, fees, or item categories accepted

State Consumer Finance Context

This is state-level context for Pawn Shops consumers in Detroit, MI. It does not confirm that City Pawn or this specific location is licensed.

State regulator

Michigan Department of Insurance and Financial Services

Money services context in Michigan

Short-term lending status: Legal

General rate context: 25% for consumer loans; payday loans capped at $600 with 15% fee on first $100, tiered after

Michigan allows payday lending with a $600 cap, tiered fee structure, and a one-loan-at-a-time limit. Rollovers are prohibited. The Department of Insurance and Financial Services regulates consumer lenders, and complaints can be filed with DIFS or the Attorney General.

Key state rules to check

  • Payday loans (deferred presentment) capped at $600 with tiered fees: 15% first $100, 14% on $100-$200, 13% on $200-$300, etc.
  • Maximum loan term is 31 days; rollovers prohibited.
  • Borrowers limited to one payday loan at a time.

Source: CreditDoc state-law summary and listed public regulator resources. Verify licensing directly with the listed state regulator before relying on a provider.

Frequently Asked Questions

What services does City Pawn offer?

City Pawn offers 8 services including Pawn loans against personal collateral, Item valuation and assessment, Jewelry buying and trading, Electronics purchasing, Short-term collateral-based lending, and 3 more.

What profile signals are listed for City Pawn?

City Pawn has profile signals associated with Consumers researching short-term cash access with eligibility claims to verify or background approval, Individuals with valuable items (jewelry, electronics) who prefer collateral-based lending, Detroit residents seeking quick short-term loans without traditional bank requirements.

What are the strengths and weaknesses of City Pawn?

Key strengths: Convenient Monday-Saturday hours (9:30 AM - 5:30 PM) for working customers; Located at accessible street address (8585 Greenfield Rd, Detroit) with nearby parking and amenities; Direct phone contact available for pre-visit inquiries and valuations. Areas to consider: Limited publicly available information about loan terms, interest rates, or redemption policies; Closed on Sundays, limiting access for some customers.

How does City Pawn compare to similar companies?

In the Pawn Shops category, comparable providers include Best Collateral, M Pawn Shop, Pawn Express. Each company has different strengths, so compare services, pricing, and consumer complaint records before deciding what to do next.

Quick Facts

Headquarters
Detroit, MI
BBB Accredited
No
Visit City Pawn

CreditDoc Profile Note

Research Note on City Pawn

City Pawn is profile signals for Detroit-area consumers who are researching short-term cash access and own valuable items to use as collateral, and those unable to qualify for traditional credit. The main caveat is the complete lack of listed fee, interest rate, and policy information—customers must call directly to understand true costs and redemption terms before pawning items.

Profile Signals

  • Consumers researching short-term cash access with eligibility claims to verify or background approval
  • Individuals with valuable items (jewelry, electronics) who prefer collateral-based lending
  • Detroit residents seeking quick short-term loans without traditional bank requirements
Updated 2026-05-08

Similar Companies

Best Collateral logo

Best Collateral

San Francisco pawn shop since 1994 offering collateral-based cash loans and buying/selling gold, jewelry, designer handbags, and luxury goods with authentication services.

4.4/5

Google rating from 110 reviews

BBB: NR

Profile signals: People with valuable jewelry, gold, designer handbags, or luxury goods who are researching short-term cash access and cannot access traditional credit, Customers seeking to buy authenticated used luxury goods (handbags, jewelry) at discounts

M Pawn Shop logo

M Pawn Shop

M Pawn Shop is a pawn and financial services shop in East Los Angeles offering loans, check cashing, and buying/selling of used goods with friendly, knowledgeable staff.

4.9/5

Google rating from 678 reviews

BBB: NR

Profile signals: East Los Angeles residents needing short-term collateral-based loans with quick funding, Customers looking to buy/sell used jewelry, electronics, or musical instruments locally

Pawn Express logo

Pawn Express

Pawn Express buys, sells, and provides collateral-based loans on items like jewelry, electronics, and goods. Located in Kent, WA with a 4.4-star rating.

4.4/5

Google rating from 237 reviews

BBB: NR

Profile signals: Consumers who are researching short-term cash access and have items to use as collateral, People with poor credit or no credit history unable to access traditional loans

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Quick Summary

  • City Pawn is listed as a Pawn Shops provider in Detroit, MI on CreditDoc.
  • Use this page to check contact details, location, listed services, review signals, FAQs, and similar providers before deciding what to do next.
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