Cash Loan

There are many times in life when having access to a little extra cash could mean all the difference in the world. Unfortunately, banks and other lending institutions don’t consider how important this can be when they are giving out a loan. Other lenders, such as ‘payday loan’ providers only look to take advantage of the situation by charging extremely high interest rates and many different penalties. There is, however, another option to consider.

Our pawn shop offers high quality cash loans, which absolutely anyone can qualify for. Our loans are also extremely fast, and in most cases we can get you the money you need the same day you come in our shop. Even if you have bad credit or other financial problems, you can still qualify. In fact, as long as you have something to pawn, everyone will qualify for a high quality cash loan.

How our Cash Loans Work

The reason our cash loans are such an excellent option for most people is because they don’t work the same way as most other loans would work. Rather than lending you money and then harassing you with phone calls and credit reports until you pay it back, we start off by securing the loan. For example, you can bring in a nice watch or jewelry and put that up as collateral. This is known as pawning the item.

So, if you pawn diamond jewelry, for example, we will look at the value of the item when determining how much we can loan you. Once we come to an agreement on the amount of the loan, we can give you cash and we’ll keep the item in our shop. Since our shop is secured and insured, you don’t have to worry about a thing. When you are done repaying the loan, we will give you your item back and the loan is completed.

What if You Don’t Pay

If you can’t repay the loan, you don’t need to worry about going into collections or having a bad entry on your credit report. Our cash loans are secured by the item you pawned. Since we buy gold, silver and other items anyway, we can just treat it as if it were a purchase rather than a loan. We’ll sell your item, and you won’t owe us a thing. This is the safest way for you to get a cash loan when you need it, and not have to worry about coming up with the cash if you run into trouble.

Fair Rates

One last important benefit of coming to our pawn shop for a cash loan is that we don’t charge excessive interest or fees. We just charge you one upfront fee, which is very reasonable, and that is all. There is no continuous interest or other ‘traps’ that so many other lenders charge. In the event that you need an extension on repaying the loan, just let us know and we’ll let you know how much that will be. With us, everything is always up front and easy to understand. So, if you need some cash, why not come in our pawn shop and see if a cash loan is the right option for you.