The pawning process begins when a customer brings an item into a pawn shop. Valley Pawn then asses the value of the item based on our ability to resell the item. We can than offer you a loan against your personal collateral. Interest rates on our loan begin at 10% of the loan value for the first month then 4% the following months. With such low interest loans, Valley Pawn is a superior alternative to getting a title loan. We have become New Mexico's largest Pawn Shop by fair and honest valuations of your collateral.