EZ Pawn Corp in Brooklyn, NY

EZ Pawn Corp is a three-generation family pawnbroking business founded in 1996 by David Kaminsky, whose father Martin established the original Gem Pawnbrokers in Brooklyn in 1947. The company has grown from its single location to operate 17 conveniently located stores throughout New York City, maintaining family ownership and operation throughout its expansion.

The company offers collateral-based loans through the traditional pawning process: customers bring items of value, experienced loan officers appraise them, and borrowers receive immediate cash with a loan agreement. They advertise a 4% monthly loan rate (approximately 48% APR), with compliance to the Military Lending Act offering 36% APR to active duty service members and dependents. Beyond pawning, they buy and sell merchandise, with particular expertise in jewelry and watches inherited from the founder's watch repair background.

EZ Pawn Corp distinguishes itself through emphasis on family heritage, community integration, and professional service standards. The company partners with local charities including the Kiss Cares Coat Drive and NYC AIDS Walk, and has received media coverage from CBS 2 New York and The New York Times. Leadership has evolved to include a second generation in marketing roles, and the company positions itself as offering both financial solutions and retail shopping experiences.

As a pawnshop, the service comes with important caveats typical of the category. The 4% monthly rate is substantially higher than traditional lending despite Military Lending Act caps. Loan terms appear short-term focused (1-4 months shown on calculator), and loans are contingent on item appraisal value. The business model requires surrendering physical collateral, and the website disclaims that quoted fees don't include storage, handling, or late fees.