Athens Alabama Local Firearms and Accessories

Athens Alabama Local Firearms and Accessories


Bradford’s offers a great selection of tools, electronics and new and used jewelry. Come by today to find a great gift for a loved one or a powertool to help finish your home improvement projects!

As a licensed pawn broker, Bradford’s offers cash pawns on quality acceptable items. For nearly 25 years we have prided ourselves on delivering our customers the best experience possible in the pawn & gun industry. Service, Selection, and Satisfaction is our motto. We will do whatever it takes to ensure you receive the best experience while visiting our store.

How does a pawnshop work?

Pawnbrokers lend money on items of value ranging from gold and diamond jewelry to musical instruments, televisions, tools, household items, etc.. These items maintain their value over a reasonable period of time and are easy to store, especially jewelry. All customers provide collateral, eliminating the need to distinguish high risk from low risk borrowers. Typically, loans are small averaging between $70 and $300, although they can be as small as $20 or as high as several thousand dollars depending on the value of the collateral. Contracts vary from state to state, but the average loan period is 30 days. Generally, interest rates will vary with the amount of the loan. The process is much the same as any other lending institution, with the primary difference being the size of the loan, the collateral and the holding of the merchandise until the interest or the loan has been repaid.

Pawnbrokering Background

As mankind’s oldest financial institution, pawnbroking carries on a tradition with a rich history. Pawnbroking can be traced back at least 3,000 years to ancient China, and has been found in the earliest written histories of Greek and Roman civilizations. During the Middle Ages, certain usury laws imposed by the Church prohibited the charging of interest on loans, thus limiting pawnbroking to people who had religious beliefs outside of the Church. Out of economic necessity, and because of problems in the banking system, pawnshops made a resurgence in later years. The House of The Lombards operated pawnshops throughout Europe. They even counted royalty, such as King Edward III of England, among their clientele during the 14th century. The symbol of the Lombards’ operations were the three gold balls that still remain the trademark of pawnshops. Pawnbrokers, also known as collateral loan brokers, make loans based purely on the intrinsic value of the collateral. Checking the customer’s credit history is not necessary because only the value of the item being pawned is considered. If the loan, or at least the interest, is not paid off during the specified term (usually three or four months), the item is forfeited and may be resold by the broker. A typical transaction begins with a potential borrower coming into a pawnshop with the item he or she wants to pledge. The pawnbroker then determines how much to loan the patron for the item. This assures that a profit will be made. Pawning has long been a source of capital for people in times of need, as well as a means of financing business ventures. Today, statutory regulations of banking and finance are based on the legal foundation established by pawnbrokers. Many of the first leaders in the banking industry had roots in pawnbroking. As was the case 3,000 years ago, pawnshops continue to be a source of convenient credit for individuals in need of a short-term loan.

We Buy Scrap Gold!

Sell gold jewelry, unwanted gold, or loose gold pieces today. We buy old gold jewelry and scrap gold for top dollar. Sell all of your old gold jewelry and get cash for gold fast! We offer a safe and secure way to sell your gold fast and easy. Please see a sales clerk or give us a call for more details!

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