Simpson's Loan Office logo

Simpson's Loan Office in Baltimore, MD

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Simpson's Loan Office is a pawn shop located in Baltimore, MD offering collateral-based loans and quick cash access.

Data compiled from public sources

Simpson's Loan Office Review

Simpson's Loan Office operates as a pawn shop in the Sandtown-Winchester neighborhood of Baltimore, Maryland, at 1637 Pennsylvania Avenue. The business has been established in this community location and serves residents seeking immediate access to cash through collateral-based lending. As an unclaimed business listing on the directory, the company has not yet verified or enhanced its online profile with additional business details.

The business accepts debit card payments and operates with a quick-visit model designed for expedited transactions. They can be reached at 410-728-8831 during their business hours. Like traditional pawn shops, Simpson's Loan Office likely offers loans secured by personal items of value, which allows customers to access funds with eligibility claims to verify or lengthy approval processes.

The business distinguishes itself through its local Baltimore presence and accessibility via phone contact. The quick-visit payment structure suggests an emphasis on fast, convenient transactions for neighborhood customers. However, the unclaimed status of the business listing indicates limited online presence and marketing efforts compared to larger competitors.

Simpson's Loan Office is most suitable for individuals researching short-term cash access who have items of value to use as collateral. The main limitation is the lack of detailed information about loan terms, interest rates, redemption periods, or item valuation practices—critical factors customers should verify directly with the business before engaging services.

Services & Features

Collateral-based pawn loans
Debit card payments
In-person loan transactions
Item valuation and appraisal
Loan redemption services
Quick cash access

Feature Checklist

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

Pros & Cons

Pros

  • Local Baltimore storefront with established neighborhood presence at 1637 Pennsylvania Ave
  • Phone accessibility via direct line 410-728-8831 for quick inquiries
  • Accepts debit card payments for flexible transaction methods
  • Designed for quick visits, suggesting fast transaction times
  • eligibility claim to verify requirement typical of pawn shops
  • short-term cash access without lengthy application processes

Cons

  • Business listing remains unclaimed with minimal verified information online
  • No published details about loan terms, interest rates, or redemption periods
  • Limited online presence makes it difficult to research before visiting
  • No information about item valuation practices or loan-to-value ratios
  • No customer reviews or ratings available on the business directory

State Consumer Finance Context

This is state-level context for Pawn Shops consumers in Baltimore, MD. It does not confirm that Simpson's Loan Office or this specific location is licensed.

State regulator

Maryland Office of the Commissioner of Financial Regulation

Money services context in Maryland

Short-term lending status: Banned

General rate context: 24% for consumer loans under $6,000 (33% for under $1,000); payday lending banned

Maryland effectively bans payday lending through strict interest rate caps that make the business model impractical. The state has strong consumer protection laws including the Maryland Consumer Protection Act. Consumers can file complaints with the Commissioner of Financial Regulation or the Attorney General.

Key state rules to check

  • Payday lending is effectively banned through interest rate caps that make the business model unviable.
  • Consumer loans under $6,000 capped at 2% per month (24% APR); under $1,000 at 2.75% per month.
  • The Maryland Consumer Protection Act provides strong anti-predatory lending protections.

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 Simpson's Loan Office offer?

Simpson's Loan Office offers 6 services including Collateral-based pawn loans, Quick cash access, Debit card payments, In-person loan transactions, Item valuation and appraisal, and 1 more.

What profile signals are listed for Simpson's Loan Office?

Simpson's Loan Office has profile signals associated with Baltimore residents researching short-term cash access for emergencies, Individuals with items of value seeking quick collateral-based loans, Customers who prefer in-person transactions over online applications.

What are the strengths and weaknesses of Simpson's Loan Office?

Key strengths: Local Baltimore storefront with established neighborhood presence at 1637 Pennsylvania Ave; Phone accessibility via direct line 410-728-8831 for quick inquiries; Accepts debit card payments for flexible transaction methods. Areas to consider: Business listing remains unclaimed with minimal verified information online; No published details about loan terms, interest rates, or redemption periods.

How does Simpson's Loan Office compare to similar companies?

In the Pawn Shops category, comparable providers include 5 Mile Pawnbrokers, Arundel Firearms & Pawn, Best Pawn Shop. Each company has different strengths, so compare services, pricing, and consumer complaint records before deciding what to do next.

Quick Facts

Headquarters
1637 Pennsylvania Ave, Baltimore, MD 21217
BBB Accredited
No
Visit Simpson's Loan Office

CreditDoc Profile Note

Research Note on Simpson's Loan Office

Simpson's Loan Office is profile signals for Baltimore residents who are researching short-term cash access and have personal items of value to pledge as collateral. The critical caveat is that the business provides almost no public information about loan terms, rates, or conditions—customers must call 410-728-8831 to understand exact terms before borrowing.

Profile Signals

  • Baltimore residents researching short-term cash access for emergencies
  • Individuals with items of value seeking quick collateral-based loans
  • Customers who prefer in-person transactions over online applications
Updated 2026-05-08

Similar Companies

5 Mile Pawnbrokers logo

5 Mile Pawnbrokers

5 Mile Pawnbrokers is a pawn shop in Jessup, MD offering fast collateral-based loans, gold buying, and resale of used merchandise with over 25 years of experience.

BBB: NR

Profile signals: Consumers who are researching short-term cash access and have valuable items to use as collateral, Individuals with poor credit who may not meet traditional personal-loan criteria

Arundel Firearms & Pawn logo

Arundel Firearms & Pawn

Arundel Firearms & Pawn is a Maryland-based retailer specializing in firearms, ammunition, tactical gear, and pawn services. Located in Glen Burnie, they offer an extensive inventory of handguns, rifles, shotguns, and accessories.

BBB: NR

Profile signals: Firearms enthusiasts and hunters seeking specific gun models, ammunition, and tactical accessories in the Glen Burnie area, Customers with valuable items (firearms, optics, collectibles) needing quick short-term loans against collateral

Best Pawn Shop logo

Best Pawn Shop

Family-owned pawn shop chain operating since 1995 across DC, Maryland, and Virginia. Buys, sells, and loans against jewelry, electronics, tools, and musical instruments.

BBB: NR

Profile signals: Individuals who need short-term cash and have collateral (jewelry, electronics, tools, instruments) they can temporarily part with, People buying secondhand electronics, musical instruments, or tools who want to save money vs. retail prices

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Quick Summary

  • Simpson's Loan Office is listed as a Pawn Shops provider in Baltimore, MD on CreditDoc.
  • Use this page to check contact details, location, listed services, review signals, FAQs, and similar providers before deciding what to do next.
  • If you need a loan, account, installment option, credit help, or debt support, start with the fit quiz and compare alternatives before contacting a provider.
  • For broader context, continue into the free Credit Fundamentals course or a relevant financial wellness guide.

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