With the popularity of reality Tv shows such as Pawn Stars, Hardcore Pawn, and now Beverly Hills Pawn, many people are wondering what are the benefits of using a pawn shop?
Pawn Shops are a great way to get fast cash in a time of need. You will receive cash in exchange for your collateral. You will then have a time frame to redeem your property.
Once you are ready to redeem you will pay back the loan amount plus interest. The interest rate will vary on the amount you borrowed. It’s simple once you pay your loan you will receive your property.
Let’s say you don’t have the entire amount to pay back and your loan is due. What can you do? What are your options? Well you can either forfeit the property and the lender keeps your item. Or you can pay the interest fee and you will get an additional four months to pick up your property. Please keep in mind that you can pay an extension on your loan every four months for as long as you would like.
Benefits Of Using A Pawn Shop
- Fast Cash Loan
- Transactions Are Confidential
- No Credit Check Required
- You Have Four Months To Repay Loan
- No Monthly Payments Required
- Option To Extend Loan For An Additional Four Months
- Items Are Securely Stored With 24/7 Video Surveillance
What Type Of Items Do You Accept For Pawn?
- Gold & Diamond Jewelry
- Luxury Designer Handbags & Accessories
- Fine Luxury Watches
- Gold & Silver Bullion Coins & Bars