When you pawn an item, you get a loan from the pawn shop. Like a loan from a bank, this loan needs to be paid back with interest. However, unlike a loan from a bank, the amount of money you receive is not determined based on your credit score, nor is the interest rate. The money you receive is based on the potential resale value of the item or items you provide to the pawn shop. Pawn loans do not impact your credit score.