Detroit Jewelry & Loan is a pawn shop located in Hamtramck, MI offering collateral-based loans and jewelry/precious metals buying services.
Data compiled from public sources · Rating from CreditDoc methodology
Detroit Jewelry & Loan operates as a traditional pawn shop located at 9716 Joseph Campau Ave in Hamtramck, Michigan. The business has established itself in the local community as a source for quick cash through collateral-based lending. The company offers services typical of pawn operations, including collateral-based lending where customers can leverage items of value to obtain cash quickly.
As indicated by the business name emphasizing jewelry, the shop likely specializes in jewelry buying and loan services. The business maintains regular operating hours throughout the week, suggesting consistent availability to serve local customers seeking immediate liquidity. The company distinguishes itself through its location in Hamtramck's commercial corridor on Joseph Campau Avenue, a traditionally mixed-use retail district.
Operating six days per week with evening hours until 6:30 PM on weekdays provides accessibility for working customers. The direct phone line (313) 870-9902 suggests a traditional customer service model with direct personal contact available. Pawn shops serve an important niche in consumer finance for individuals needing immediate cash without credit checks or lengthy approval processes.
However, customers should understand that pawn loans typically carry higher interest rates than traditional lending and require surrendering physical collateral. The specific terms, interest rates, redemption periods, and loan-to-value ratios are not disclosed in available information, which is a significant limitation for consumer evaluation.
Yes. Detroit Jewelry & Loan is a registered company, headquartered in Hamtramck, MI.
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CreditDoc Diagnosis
Detroit Jewelry & Loan is best for customers in the Hamtramck area who need immediate cash and have valuable jewelry or collateral but lack access to traditional credit. The primary caveat is the complete lack of published information about interest rates, fees, redemption terms, and loan-to-value ratios—essential details consumers need before pledging collateral. Prospective customers must call directly to obtain transparent pricing.
Lakewood-based buy-and-sell shop specializing in electronics, tools, jewelry, and collectibles with competitive payouts and personalized service.
Best for: Sellers with used electronics, tools, jewelry, or collectibles seeking immediate cash without shipping or online marketplace hassle, Budget-conscious buyers seeking discounted pre-owned items in these categories
FirstCash is the leading international pawn shop operator with 3,300+ locations across the U.S., Latin America, and the UK, offering pawn loans secured by personal property and retail merchandise sales.
Best for: Cash-constrained consumers with valuable personal items (jewelry, electronics, instruments) needing immediate funds without credit checks, People seeking to avoid debt while borrowing, as non-recourse structure means no ongoing obligation after item surrender
Vice City Pawn buys, sells, trades, and provides collateral-based loans on jewelry, watches, diamonds, gold, and silver with on-site authentication services.
Best for: Individuals needing quick cash against collateral and willing to accept pawn loan terms, Secondary market jewelry and watch buyers seeking authenticated luxury goods at discounted prices
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