How does a pawn work?

Pawning with Mountain Man Trading Post is easy. We will lend money on any item of value ranging from gold and jewelry, musical instruments, consumer electronics, power tools, firearms, and more. Our loans are based on the value of the collateral. When a customer pays back the loan, their merchandise is returned to them. A customer may also choose to surrender their collateral as payment in full. Additionally, at the end of the contract term, customers may choose to extend their pawn by paying just the interest due.

Why would someone go to a Mountain Man to get a loan?

We offer the consumer a quick, convenient and confidential way to borrow money. We also offer you MORE! A short-term cash need can be met with no credit check or legal consequences if the loan is not repaid. Pawn loans do not cause people to overextend credit or go into bankruptcy.

How do you determine the value of the item?

Mountain Man Trading Post will research each item and base it's value on current appraised values, its current condition and the ability to re-sell the item. We use all tools disposable to us to maximize the amount of money we can offer you. This appraisal process will vary depending on the type of item—for example, jewelry is evaluated differently than a DVD player. All items that are sold or pawned with us are tested to ensure that it works properly.

How am I protected from purchasing stolen goods?

Less than half of one percent of all pawned merchandise is identified as stolen goods. That’s because customers must provide positive identification and a complete description of the merchandise. Each night we are required to send this information to our local law enforcement so they can constantly monitor our inventory for stolen property.

Is Mountain Man Trading Post regulated?

Yes, we are governed by all of the major federal laws that apply to entities designed as financial institutions. The federal laws that regulate the pawn industry are Patriot Act, Truth in Lending Act, Equal Credit Opportunity Act, as well as Data Privacy and Safeguard of consumer information as part of the Federal Trade Commission (FTC) Rules. We are also a Federal Firearms Licensee, meaning we are regulated by the ATF in regards to firearms sales and transfers.

Is my personal information protected?

Yes. Mountain Man Trading Post strictly protects all of our customers information. We will in no way disclose your information without your prior approval, unless required to by law. Pawn transactions are the only type of consumer credit that requires reporting to local law enforcement agencies. We submit this information every night, however much of this information qualifies as “non-public personal information” under federal privacy law and is entitled to protection as such.

Are pawns rates excessive?

No. To provide our service, all we must charge rates proportionate with the size and duration of the loan, collateral, risk and recourse. Pawn transactions are small-dollar, short term loans with no hidden charges.

What happens if my property becomes stolen from my possession?

If your property is lost or stolen, first file a police report in the jurisdiction the theft occurred. Second, fill out a THEFT SUBMISSION FORM located on our website, so that we can help keep an eye out for your property in addition to the police.

How do I pay for my redemption?

Pawn and redemption payments must be made with CASH. Interest may not be paid with credit.

Do you offer a grace period at the end of your loans?

We offer a free, no questions asked, 10-day grace period on top of the 30 contract.