About Majestic Jewelry & Loan
Where can you find good value at a good price? At Majestic Jewelry & Loan pawn shop! If you’re interested in saving money and finding great values, then Majestic pawn is the place to go. We have it all. Short term loans, quality pre-owned merchandise at low prices, and friendly customer service is what Majestic Jewelry & Loan is all about.
Over 65 years ago, Majestic Jewelry & Loan founder John Alchian and his son, Leon opened his little business in downtown Fresno, CA. His dream was to provide a good living for his family as well as a valuable service to his community. Majestic Jewelry & Loan pawn shop flourishes to this day thanks to the Alchian family’s dedication to carrying on the dream and their firm commitment to excellence. Located in the heart of downtown Fresno, Majestic Jewelry and Loan is a popular and well-visited landmark business serving the community in Fresno’s downtown area since 1949.
Pawn shops date back to ancient times and are one of the earliest recorded lending institutions. During the late middle ages, the House of Lombard in Europe had a group of pawn shops designated by three golden balls prominently hung outside of the establishment’s premises for patrons to see.
In the late 1870’s the pawn industry came to central California with the first settlers. In the early part of the 20th-century pawnbroking was regarded as the main source of consumer credit.
With the rise of large consumer credit institutions, such as finance corporations, savings and loan associations, and credit unions, pawn shops are no longer a primary source of consumer credit. But Majestic Jewelry & Loan pawn shop still plays a vital role in the area providing consumer credit to customers in need.
From time to time, the public needs to borrow small sums of money that other sources are not willing to provide. What chance does a borrower have in securing a $300.00 or smaller loan from a financial institution for a 30 to 90 day period? The cost of the paperwork alone prohibits them from making such loans on a regular basis.
High quality, previously owned merchandise can be found on the shelves of Majestic Jewelry & Loan pawn shop. Every time we loan on an item we know that someday it could be on our shelves for sale. Therefore, we only will deal in good quality merchandise. We are an established business. We know that our business is only as good as our reputation, and we want to maintain our good reputation. It’s as simple as that.
We’re Here To Help
You may be asking, “Isn’t it possible that some of the merchandise in a pawn shop is stolen?” Majestic Jewelry & Loan pawn shop is regulated and licensed by the State of California (License #10005-0997) to ensure we do not deal in stolen merchandise. All our transactions are closely monitored by law enforcement agencies to see that merchandise is not stolen.
So, what are you waiting for? There is a wealth of bargains to be found at Majestic Jewelry & Loan pawn shop. We’re here to help you find what you’re looking for, so check us out. You’ll be glad you did.