Yonkers Pawnbrokers logo

Yonkers Pawnbrokers in Yonkers, NY

3.9/5

Yonkers Pawn Brokers operates two locations offering pawn loans, gold/jewelry buying, and check cashing services in Westchester County, NY, specializing in antiques, coins, diamonds, and estate jewelry.

Data compiled from public sources · Rating from CreditDoc methodology

Yonkers Pawnbrokers Review

Yonkers Pawn Brokers is an established pawn shop operating two locations in Yonkers, New York—one on Saw Mill River Road and another on South Broadway. The company has built a reputation in Westchester County as a collateral-based lender focused on tangible valuables rather than personal credit history. Their business model centers on providing fast cash loans against jewelry, watches, coins, and antiques, as well as outright purchasing of unwanted items at competitive prices.

The company offers instant cash loans secured by personal valuables including jewelry, watches, old and rare coins, gold, silver, platinum, diamonds, and estate items. They explicitly do not pawn or sell electronics. Beyond lending, Yonkers Pawn Brokers provides check cashing and money services. Both locations maintain extended hours—the Saw Mill River Road location operates seven days a week (9am-6pm weekdays, later on Friday), while the South Broadway location closes Sundays. The business emphasizes appraisal services for unusual items and positions itself as competitive on loan amounts compared to other local pawnbrokers.

Yonkers Pawn Brokers differentiates itself through staff expertise in precious metals and jewelry evaluation, professional customer service positioning, and multi-location convenience across Yonkers. The company states it provides "the highest possible price" and "highest cash loan possible" for valuables, and advertises 10% bonus offers on loans and gold purchases. They claim Lloyd's of London insurance coverage. Customer testimonials highlight fair dealing, knowledgeable staff, professional treatment, and competitive offers relative to other local pawn shops.

As a traditional pawn shop, this business is best suited for consumers needing immediate cash against tangible collateral, particularly jewelry and precious metals. The main limitation is that this is a collateral-based lending model with implicit higher rates than traditional loans, and the borrower must own acceptable valuables. Like all pawn transactions, there is risk of losing collateral if the loan is not repaid.

Services & Features

Check cashing services
Money services
Outright purchase/buying of coins and collectibles
Outright purchase/buying of jewelry and precious metals
Pawn loans secured by antiques and estate items
Pawn loans secured by coins (old and rare)
Pawn loans secured by diamonds and gemstones
Pawn loans secured by jewelry and watches
Pawn loans secured by precious metals (gold, silver, platinum)
Professional appraisals of valuables

Feature Checklist

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

Pros & Cons

Pros

  • Two convenient Yonkers locations with extended hours (Saw Mill River Road location open 7 days/week)
  • Specializes in high-value items (jewelry, watches, diamonds, precious metals) with expert appraisals
  • Competitive loan amounts—explicitly positions itself against other local pawnbrokers on price
  • Check cashing and money services available alongside pawn loans
  • Professional staff described in multiple testimonials as knowledgeable and respectful
  • Claims Lloyd's of London insurance coverage for customer protection
  • Advertises 10% bonus offers on loan amounts and gold purchases
  • No credit check required—asset-based lending model

Cons

  • Does not accept electronics as collateral, limiting loan options for many consumers
  • Traditional pawn loans carry implicit higher effective rates than personal loans
  • Collateral is at risk of loss if loan is not repaid within agreed terms
  • Limited to consumers who own acceptable valuables (jewelry, coins, precious metals)
  • South Broadway location closed Sundays, reducing access for some customers

Rating Breakdown

Value
5.0
Effectiveness
3.5
Customer Service
3.7
Transparency
3.5
Ease of Use
3.9

Frequently Asked Questions

Is Yonkers Pawnbrokers legitimate?

Yes. Yonkers Pawnbrokers is a registered company, headquartered in 377 S Broadway, Yonkers, NY 10705.

Quick Facts

Headquarters
377 S Broadway, Yonkers, NY 10705
BBB Accredited
No
Starting Price
Contact provider
Setup Fee
None
Money-Back Guarantee
No
Visit Yonkers Pawnbrokers

CreditDoc Diagnosis

Doctor's Verdict on Yonkers Pawnbrokers

Yonkers Pawn Brokers is ideal for consumers with jewelry, precious metals, or collectibles who need fast cash without a credit check, and who value local expertise and competitive valuations. The primary caveat is that this is collateral-based lending where you risk losing your valuables if you cannot repay, and implicit rates are higher than traditional loans—use only when immediate cash need outweighs these costs.

Best For

  • Consumers with jewelry, watches, coins, or precious metals who need immediate cash
  • People with poor credit or no credit history who cannot qualify for traditional loans
  • Those seeking to sell unwanted gold, jewelry, or antique items for cash
  • Individuals needing check cashing or money services in the Yonkers area
Updated 2026-05-08

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