The time of December is just around the corner, it is a time of many expenses and especially of making payments in January, you are in good time to make budgets and make a price list.
So what are the most reliable pawn shops in Mexico:
National Monte de Piedad
In general terms, the Nacional Monte de Piedad is the largest pawnshop company in Mexico, with more than 300 branches registered with Profeco.
Regarding problems with clients, they have only 199 complaints in the Commercial Bureau of Profeco in the last five years.
In this league you can check what those complaints were and the branches where they occurred: https://burocomercial.profeco.gob.mx/.
Among the advantages of pawning at the Nacional Monte de Piedad is that it is an institution with more than 100 years of experience in the loan business, all its procedures are duly registered and its operations are the clearest.
The appraisals are usually fair, according to comments in social media groups, and the interests are not abusive. It is recommended to pawn jewelry and high-value items.
You can check the branch map here: https://www.montepiedad.com.mx/sucursales/
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This pawn shop is a little more versatile than the National Monte de Piedad, because they are more accessible in terms of the type of items they receive.
According to their official website, they accept from cell phones, computers, televisions, consoles, jewelry, antiques, motorcycles, cars and even land and real estate.
Obviously, the items or property must be in good condition in order to receive a fair amount.
According to the Condusef, it is common for pawn shops to give between 25 and 45% of the value of the product as a loan. In Empeños Where you can find a good deal.
You can find its branches here: https://www.dondeempenos.com.mx/casa-de-empe%C3%B1o-mexico
If the previous option was already very accessible with the type of items they can receive, Montepío is even more so.
In their pawnshops they receive luxury bags, toys, tools, works of art, all kinds of vehicles, antiques, gadgets, accessories and more.
That is their great advantage, that they can give value to everything. If a person does not return for their item or stops paying their monthly payment, it is simply put up for sale in your online store or branches.
Some complaints that circulate on social networks and in the Profeco Commercial Bureau are negative to corrections for collection errors. So if you go here you better pay close attention to the documents you sign.
This is the list of its branches: https://www.montepio.org.mx/branchoffice/
Prendamex is a particular case, they have pawn shops in popular areas that are very accessible to the entire population, they accept almost any article and they are very fast in their processes. But they do have their fair share of complaints about broken deals.
If what you are looking for is to pawn a high value product that you do intend to recover soon, it is better to look for another alternative. But if what you need is quick money and there is an item that is not needed much anymore, it is a good option.
His website is currently not active, but here is his FacebooK: https://www.facebook.com/Prendamex/
Presto Cash is a relatively young company, it has been in the market for 20 years and has distinguished itself by being up to date with its registrations with Profeco. In addition, its customer service, both in stores and online, is something that network users highlight.
Another advantage of Presto Cash is that they accept a huge variety of items, they have well-located branches. Almost always in accessible points such as shopping malls or neighborhood centers.
You can find its branches here: https://www.prestocash.mx/sucursales-prestocash-casas-de-empeno/
Before saying goodbye, it must be said that, in Mexico, there are almost 9,000 pawnbrokers duly registered with Profeco. What you have to keep in mind is that each company has its own ways of valuing the items they receive, the percentage they lend and the interest that is applied. It is not that they all follow the same line.