Part of the First Cash Pawn chain · locations
First Cash Pawn logo

First Cash Pawn in Indianapolis, IN

4.7/5
Google rating from 398 reviews

Indianapolis First Cash Pawn at 5620 W Washington provides pawn loans, valuations, and quick cash.

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

First Cash Pawn Review

First Cash Pawn at 5620 W Washington Street is a standalone pawn shop serving Indianapolis residents on the west side of the city. This Indianapolis location is conveniently situated for customers throughout the area, offering a full range of pawn services in a professional setting.

The 5620 W Washington Street location in Indianapolis, IN specializes in providing short-term cash access loans, buying valuables, and pawning items of value. Call 317-487-7450 to discuss what items you can bring in or to get a quick quote on your valuables.

Indianapolis pawn customers typically visit to get short-term cash access loans against jewelry, electronics, musical instruments, or collectibles. Bring a valid photo ID and the item you want to pawn or sell. First Cash Pawn is here to provide fast, fair evaluations.

Services & Features

Gold, silver, and precious metal buying with immediate cash payment
In-store merchandise inventory shopping across 3,300+ locations
Layaway purchase plans with 10% down payment option
Lease-to-own financing through 15,000+ nationwide retail merchant partner locations
Online inventory browsing and information access
Pawn loans secured by personal property with non-recourse terms
Point-of-sale payment solutions through wholly owned subsidiary AFF
Retail buying and selling of jewelry, electronics, tools, appliances, sporting goods, and musical instruments
Store locator service to find nearest FirstCash location

Feature Checklist

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

Pros & Cons

Pros

  • 3,300+ retail locations across 29 U.S. states, UK, and Latin America for maximum accessibility
  • short-term cash access on spot with eligibility claims to verify for pawn loans
  • Non-recourse loan structure means borrower has no deficiency liability if merchandise is forfeited
  • Diverse merchandise buying: jewelry, electronics, tools, appliances, sporting goods, instruments, and more
  • Integrated retail sales model allows customers to shop wide inventory selection while accessing loans
  • Publicly traded with S&P 500 and Russell 2000 index inclusion provides institutional stability
  • Layaway service option with affordable 10% down payment for purchase flexibility

Cons

  • Pawn loans carry high effective interest rates compared to traditional bank lending options
  • Requires personal property collateral—borrowers risk losing valuable items if unable to repay
  • Non-recourse loans mean forfeited merchandise is sold, limiting retrieval options
  • Pawn loan amounts are typically small and based on merchandise resale value rather than creditworthiness
  • Retail merchandise inventory and pricing fluctuates by location, creating inconsistent product availability

State Consumer Finance Context

This is state-level context for Pawn Shops consumers in Indianapolis, IN. It does not confirm that First Cash Pawn or this specific location is licensed.

State regulator

Indiana Department of Financial Institutions

Money services context in Indiana

Short-term lending status: Legal

General rate context: 36% for first $2,000 (small loans); payday loans capped at $605 with tiered fees

Indiana allows payday lending with a $605 cap and tiered fee structure. A statewide database prevents excessive borrowing. The Department of Financial Institutions regulates all consumer lenders, and complaints can be filed with the DFI or the Attorney General's Consumer Protection Division.

Key state rules to check

  • Payday loans capped at $605 with tiered fee structure: 15% on first $250, 13% on $251-$400, 10% on $401-$605.
  • Borrowers may have up to two payday loans simultaneously but not from the same lender.
  • A statewide database tracks all payday loans.

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 First Cash Pawn offer?

First Cash Pawn offers 9 services including Pawn loans secured by personal property with non-recourse terms, Retail buying and selling of jewelry, electronics, tools, appliances, sporting goods, and musical instruments, Gold, silver, and precious metal buying with immediate cash payment, Layaway purchase plans with 10% down payment option, In-store merchandise inventory shopping across 3,300+ locations, and 4 more.

What profile signals are listed for First Cash Pawn?

First Cash Pawn has profile signals associated with Consumers with immediate urgent expense research and no access to traditional bank credit, People seeking to convert unused personal property (jewelry, electronics, instruments) into short-term cash access, Shoppers hunting for discounted merchandise and second-hand goods across diverse product categories, Individuals without established credit history or those unable to qualify for conventional loans.

What are the strengths and weaknesses of First Cash Pawn?

Key strengths: 3,300+ retail locations across 29 U.S. states, UK, and Latin America for maximum accessibility; short-term cash access on spot with eligibility claims to verify for pawn loans; Non-recourse loan structure means borrower has no deficiency liability if merchandise is forfeited. Areas to consider: Pawn loans carry high effective interest rates compared to traditional bank lending options; Requires personal property collateral—borrowers risk losing valuable items if unable to repay.

How does First Cash Pawn compare to similar companies?

In the Pawn Shops category, comparable providers include American Jewelry & Loan - Southgate, Gems N' Loans - Vista, Santa Monica Jewelry & Loan. Each company has different strengths, so compare services, pricing, and consumer complaint records before deciding what to do next.

Quick Facts

Headquarters
Indianapolis, IN
BBB Accredited
No
Visit First Cash Pawn

CreditDoc Profile Note

Research Note on First Cash Pawn

FirstCash is best suited for individuals facing short-term cash access emergencies who own valuable personal property and lack access to traditional credit. The primary caveat is that pawn loans carry high effective costs and involve forfeiture risk of collateral items if loans cannot be repaid within the loan term.

Profile Signals

  • Consumers with immediate urgent expense research and no access to traditional bank credit
  • People seeking to convert unused personal property (jewelry, electronics, instruments) into short-term cash access
  • Shoppers hunting for discounted merchandise and second-hand goods across diverse product categories
  • Individuals without established credit history or those unable to qualify for conventional loans
Updated 2026-04-30

Similar Companies

American Jewelry & Loan - Southgate logo

American Jewelry & Loan - Southgate

Detroit-based pawn shop chain offering collateral loans, buying, and selling of jewelry, electronics, tools, and luxury goods across four Michigan locations.

4.9/5

Google rating from 426 reviews

BBB: NR

Profile signals: Individuals researching short-term cash access who own jewelry, electronics, or tools, Luxury goods buyers seeking discounted diamonds, handbags, and timepieces

Gems N' Loans - Vista logo

Gems N' Loans - Vista

Gems N' Loans Vista is a local pawn shop offering cash for gold, jewelry purchases, and collateral-based loans with on-site appraisals in Vista, California.

4.9/5

Google rating from 2,437 reviews

BBB: NR

Profile signals: Consumers who own gold or jewelry and are researching short-term cash access with eligibility claims to verify, People seeking short-term loans secured by personal valuables they can reclaim

Santa Monica Jewelry & Loan logo

Santa Monica Jewelry & Loan

Family-owned pawnbroker in Santa Monica since 1987, offering collateral-based loans up to $1M, jewelry/watch sales, and cash for valuables.

4.9/5

Google rating from 497 reviews

BBB: NR

Profile signals: People with valuable jewelry, watches, or art researching short-term cash access with eligibility claims to verify, Collectors and dealers seeking to buy or sell high-end items like Rolex watches or diamonds

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Quick Summary

  • First Cash Pawn is listed as a Pawn Shops provider in Indianapolis, IN 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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