Lets Make a Deal Pawn & Gun in Colorado Springs, CO

Let's Make A Deal Pawn & Gun is a veteran-owned and operated pawnshop located in Colorado Springs, Colorado. The business operates seven days a week and positions itself as a community-focused alternative to traditional lending for quick cash needs through collateral-based loans.

The shop offers pawn loans and sales across a wide range of items including firearms (rifles, shotguns, pistols), gold and silver, diamond jewelry, electronics, game systems, cameras, musical instruments, tools, vehicles, and motorcycles. As a Federal Firearms Licensed dealer, they provide additional services including firearm transfers at $45 for the first firearm and $15 for each additional firearm transferred on the same day. They advertise ammunition inventory and specialize heavily in the firearms niche.

The company distinguishes itself through veteran ownership, seven-day-a-week availability, and a transparent loan structure featuring a flat 20% monthly interest rate on all loans. Their FFL licensing and firearm transfer services position them as a full-service option for gun owners beyond basic pawn functionality. The business maintains an online firearms marketplace presence through ARMSLIST and offers downloadable FFL documentation for shipment verification.

Potential borrowers should note that 20% monthly interest (240% annually) is substantially higher than traditional lending options and represents the primary cost of accessing quick cash. While the broad item acceptance and extended hours provide convenience, the high interest rate makes this suitable only for short-term emergency situations. No information is provided about loan terms, repayment schedules, or redemption policies on the website.