Pawn Shops by Alberts Jewelry & Loan in Long Beach, CA
Pawn Shops by Alberts Jewelry & Loan offers collateral-based lending and jewelry/gold buying at their Long Beach location, operating Monday-Saturday with extended hours.
Data compiled from public sources · Rating from CreditDoc methodology
Pawn Shops by Alberts Jewelry & Loan Review
Pawn Shops by Alberts Jewelry & Loan operates a traditional pawn shop model in Long Beach, California, serving the local community as a source of quick cash through collateral-based transactions. The business is located at 1032 Long Beach Blvd and maintains consistent operating hours throughout the week, positioning itself as an accessible option for consumers needing immediate liquidity. Based on the company name and category classification, they specialize in pawn lending where customers pledge personal items—particularly jewelry and gold—as collateral in exchange for loans. The business maintains an active online presence through OfferUp, suggesting they engage with digital marketplaces for inventory and customer outreach.
The company offers core pawn shop services including collateral-based loans secured by jewelry, gold, and other personal valuables, along with direct purchasing of gold and jewelry items. Their model allows customers to retrieve pawned items within a specified period by repaying the loan plus agreed-upon interest and fees, or the shop retains the collateral. They appear to focus on jewelry and precious metals as primary inventory categories, which is common in established pawn operations.
Alberts Jewelry & Loan differentiates itself through longevity and community presence in Long Beach, with phone-accessible customer service at (562) 436-5656. Their consistent Monday-Saturday scheduling demonstrates reliability and accessibility to working consumers. The OfferUp marketplace presence suggests they actively buy and sell inventory online, expanding reach beyond the physical storefront.
Pawn shops provide genuine value for consumers needing emergency cash without credit checks or income verification, but borrowers should understand that pawn loans carry implicit high costs when annualized, and collateral loss is a real risk if loans aren't repaid. No specific interest rates, maximum loan amounts, or detailed service terms are publicly available through the provided website content. As with all pawn transactions, customers must carefully evaluate whether the cost of short-term liquidity justifies the risk of losing valued possessions.
Services & Features
Feature Checklist
Pros & Cons
Pros
- No credit check required—accessible to consumers with poor or no credit history
- Immediate cash availability—no lengthy application or approval process
- Consistent Monday-Saturday operating hours (10:00 AM - 5:30 PM) for accessibility
- Direct phone contact available at (562) 436-5656 for inquiries
- Jewelry and gold buying service provides alternative exit for unwanted items
- Physical storefront location in Long Beach with established local presence
- Online marketplace presence via OfferUp suggests competitive pricing and inventory
Cons
- Loan costs are high when annualized—pawn loans typically carry 200%+ APR equivalent when calculated annually
- Risk of collateral loss if loan is not repaid by deadline
- No information provided about interest rates, fees, or loan terms on accessible websites
- Limited transparency regarding maximum loan amounts or valuation methodology for jewelry/gold
- Pawn lending may encourage short-term financial decisions rather than addressing underlying cash flow issues
Rating Breakdown
Frequently Asked Questions
Is Pawn Shops by Alberts Jewelry & Loan legitimate?
Yes. Pawn Shops by Alberts Jewelry & Loan is a registered company, headquartered in 1032 Long Beach Blvd, Long Beach, CA 90813.
Quick Facts
- Headquarters
- 1032 Long Beach Blvd, Long Beach, CA 90813
- BBB Accredited
- No
- Starting Price
- Contact provider
- Setup Fee
- None
- Money-Back Guarantee
- No
No Website Currently Available
CreditDoc Diagnosis
Doctor's Verdict on Pawn Shops by Alberts Jewelry & Loan
Pawn Shops by Alberts Jewelry & Loan is best for consumers facing genuine financial emergencies who have valuable collateral and cannot access traditional credit, understanding that pawn loans are expensive when annualized and carry real risk of collateral loss. The primary caveat is that while pawn loans provide fast cash without credit checks, they should be used as a last resort for short-term needs rather than a regular financing strategy, due to high implicit costs and the psychological/financial impact of losing pledged items.
Best For
- Consumers with urgent short-term cash needs and no access to traditional credit
- People needing quick loans without credit inquiries or income verification
- Individuals looking to sell unwanted jewelry or gold items for immediate cash
- Those with valuable collateral (jewelry, gold, electronics) willing to pledge items for temporary loans
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