Modell Collateral Loans

Modell was established in 1893 and is the oldest single-family owned pawn shop in America. It has been in the Modell family for 128 years, spanning four generations. In 2010, Eric Modell was elevated to the role of President, continuing to operate the Modell companies in the same high standards and professional values that have been passed on through the four generations, starting with his great grandfather George, his grandfather Louis, and his father Gerald, who now serves as Chairman. Loans are written for a period of four (4) months. All loans are insured by Lloyds of London for twice the loan amount, and are stored in secure vaults. The borrower can redeem the loan at any time before the end of the four (4) month period, and will only be charged for that period of time which has passed. At four months, you can request to pay the interest to date. If accepted, we will issue you a new ticket, which means you have a new four month loan. At redemption, the jewelry will be returned with the repayment of the principal, interest and fees. If you have any additional questions about Modell or our services, contact a location directly to speak to one of our trained pawnbrokers. Check our prices before you shop for jewelry anywhere else! Our prices are lower than fine jewelry stores and department stores. Each of our locations carry a unique selection of one of a kind vintage and estate jewelry and if you cannot find an item that suits your need, our sales staff would be happy to check the inventory in our other stores for you. Come and explore our exciting collection of gold and diamond jewelry. Modell also offers an interest free layaway plan. Please speak to our sales staff for details. ****************** PLEASE NOTE...WE ONLY PAWN, BUY AND SELL JEWELRY ITEMS.*********************