Forman's Money Loans Pawn Shop

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626 S 12th St
Philadelphia, PA 19147

Forman's Money Loans Pawn Shop, located in Philadelphia, PA, offers 3% loans on gold, jewelry, and watches. Established by Morris Forman in 1938, it is the oldest continuously run family-owned pawn shop in the U.S.A., now run by his son Morton Forman.

With over 75 years of experience, Forman's prides itself on being a reliable place to buy, sell, or pawn items for a loan. Their longstanding presence in the community testifies to their honest and dependable way of doing business, unlike transient “We Buy Gold” establishments.

Customers at Forman’s can expect professional expert service from a friendly staff with acute knowledge to determine the precise value of items. Operating as an old-school establishment, Forman's ensures a straightforward and trustworthy experience for those seeking loans, selling goods, or finding pre-owned bargains.

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Reviews

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3.511 reviews
Photo of Allie A.
Allie A.
12/14/2022

I LOVE MY INDIGLO TIMEX WATCH. I'm not sure how old it is, maybe 20 years old? But I love that thing and wear it daily. I realized it was time to replace the battery (last time was maybe 4 years...

Zo
3/19/2025

‼ ‼ ‼ ‼ ‼‼‼‼‼‼ This shop violates the Pennsylvania General Assembly: 1937 Act 5 section 12. In almost every way. This is my first review ever.... and now I understand why people do this. Formans...

Ceilly_08 S.
4/14/2025

I am bilingual, so I don't pronounce some words well. They insulted me over the phone with a word I said wrong, and they told me to take out the thing of my mouth because they didn't understand...

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Sharon V.
11/10/2012

I finally have a flat-screen TV, thanks to Mike. He's quite a raconteur -- worth stopping in just for a chat.

Stephanie F.
7/27/2012

Formans is the best pawn shop in the city, they gave me the most for my gold and silver compared to any other place, the owner Mike Forman is a very nice man and makes you feel like family every...

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United StatesPennsylvaniaPhiladelphiaForman's Money Loans Pawn Shop

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