About
FirstCash, Inc. is the leading international operator of pawn stores, running over 3,300 retail pawn and consumer lending locations across 29 U.S. states, the District of Columbia, the United Kingdom, and throughout Latin America — including Mexico, Guatemala, Colombia, and El Salvador. The company focuses on providing accessible financial services and affordable retail merchandise to cash and credit-constrained consumers. At its core, FirstCash offers small, non-recourse pawn loans secured by pledged personal property — no credit check required. Customers can bring in items such as jewelry, electronics, tools, appliances, sporting goods, and musical instruments in exchange for quick cash. If the loan is repaid with fees within the agreed term, the item is returned; otherwise, FirstCash retains and resells the merchandise. Beyond lending, FirstCash operates a robust retail resale business where customers can shop for a wide variety of second-hand goods at competitive prices. Additional services include gold, silver, and platinum buying for immediate cash, and a convenient layaway plan requiring just 10% down. FirstCash is a publicly traded company and a constituent of both the S&P MidCap 400 Index and the Russell 2000 Index, underscoring its scale and stability. With an easy-to-use store locator covering thousands of locations, it remains a vital resource for communities seeking accessible financial solutions and affordable merchandise.
Key Features
- Pawn Loans: Quick, non-recourse loans secured by personal property with no credit check required, providing fast cash access.
- Retail Merchandise Sales: Buy and sell a wide range of second-hand goods including jewelry, electronics, tools, appliances, sporting goods, and musical instruments.
- Gold & Precious Metals Buying: Sell gold, silver, or platinum jewelry and items for immediate cash at any FirstCash location.
- Layaway Plans: Reserve desired items with just 10% down and pay the balance over time before taking possession.
- 3,300+ Store Network: Extensive international presence across 29 U.S. states, the UK, Mexico, Guatemala, Colombia, and El Salvador.
Use Cases
- Obtaining a quick non-recourse cash loan without a credit check by pawning personal property such as jewelry or electronics
- Shopping for affordable second-hand merchandise including tools, electronics, and sporting goods at discounted prices
- Selling unwanted gold, silver, or platinum jewelry for immediate cash
- Using the layaway plan to reserve and gradually pay off a desired item with a small initial deposit
- Finding accessible consumer financial services in underserved communities across the U.S. and Latin America
Pros
- Massive Accessibility: Over 3,300 locations across multiple countries make financial services and affordable retail widely accessible.
- No Credit Check Required: Pawn loans are secured by collateral rather than credit history, making them available to underserved consumers.
- Diverse Inventory: A constantly rotating selection of second-hand merchandise across many categories at discounted prices.
Cons
- Higher Loan Costs: Pawn loan fees and interest rates are typically higher than those of traditional bank or credit union loans.
- In-Person Transactions Required: Core services like pawn loans and merchandise sales require a visit to a physical store location.
- Unpredictable Inventory: Available merchandise varies significantly by location and cannot be reliably browsed or reserved online.
Frequently Asked Questions
How does a pawn loan work at FirstCash?
You bring a valuable item to a FirstCash store, and they offer a small loan based on the item's assessed value. If you repay the loan plus applicable fees within the agreed term, your item is returned. If you do not repay, FirstCash keeps the item and resells it — no impact to your credit score.
What items does FirstCash buy?
FirstCash buys almost anything of value, including jewelry, gold, silver, platinum, electronics, tools, appliances, sporting goods, musical instruments, and more, paying cash on the spot.
How does the layaway plan work?
FirstCash's layaway plan lets you put 10% down on a desired item and pay the remaining balance over time. Once fully paid, you take the item home — a convenient alternative to buying outright.
Where are FirstCash stores located?
FirstCash operates in 29 U.S. states plus Washington D.C., the United Kingdom, and throughout Latin America including all states in Mexico and the countries of Guatemala, Colombia, and El Salvador — over 3,300 locations in total.
Is FirstCash a publicly traded company?
Yes. FirstCash, Inc. is publicly traded and is a component of both the S&P MidCap 400 Index and the Russell 2000 Index, reflecting its significant market presence and financial stability.
