|
|
 |
|
|
New Opportunities with a Pawn Shop Loan by Richard Conard
|
|
|
New Opportunities with a Pawn Shop Loan |
|
|
|
|
|
Business
|
|
|
Have you ever been to a pawn shop? A lot of people today are becoming more interested in what they have to offer but are nervous about what to expect. With a lot of reality TV shows around 'treasure' hunting and pawn stars, more people are looking at their local pawn shop, Freehold or where they live. But as well as being great places to buy they offer opportunities for those looking for quick and easy money. You can get a loan using an item you pawn and collect when you pay it back, or you can sell items there. In days where getting loans from traditional lenders can be hard, and where some people with poor credit histories are struggling, the pawn shop loan could be key. What stands out about a pawn shop loan? There are a few great reasons to use your local pawn shop to access cash when you need it. - No credit checks so whatever your credit history it is not going to affect getting pawn shop loan. Your loan with them also has no impact on that rating.
- It is a secure loan so you take in an item of value which they hold until you pay it back. When you do, they return the item.
- It is quick. Likely one of the quickest methods to get some cash though it is harder to get large sums of money unless you have an item of high value that the pawn shop is willing to deal with.
- It is easy to do. The method of going in and getting it all done is simple and any adult can do it.
- It is a short term loan, Howell. Most are for 30 days so you can take it out and get it cleared off in just a month, without having it hanging over you for years.
Things to understand There are some details it would help to stay aware of. - The amount you can get for a loan Howell on an item is a fraction of its value. But that value is what the pawn shop decides. If you take in a tool you paid $2000 for they might value it closer to $1000 depending on its age. Then you would not get that full $1000 for the loan. It varies from one place to another.
- Some pawnbrokers might extend the loan but not all do. There will be more fees and interest rates on pawn shop loans are higher.
- Do not use something that is important to you as collateral as should you not pay it back you would not get the item back.
Summary Where you end up going for a short-term loan is up to you but there is a lot to be said for what you can get from a pawnbroker. Take a trip to your pawn shop Freehold and talk to them about what is involved if you have more questions.
Related Articles -
loan, Howell,
|
Rate This Article  |
|
|
|
|
|
Do you Agree or Disagree? Have a Comment? POST IT!
| Reader Opinions |
|
|
|
|
|
|
|
|
|
| Author Login |
|
|
 |
Advertiser Login
ADVERTISE HERE NOW!
Limited Time $60 Offer!
90 Days-1.5 Million Views
|
|
TIM FAY
After 60-plus years of living, I am just trying to pass down some of the information that I have lea...more
|
|
|
|
|
LAURA JEEVES
At LeadGenerators, we specialise in content-led Online Marketing Strategies for our clients in the t...more
|
|
|
|
|
ALEX BELSEY
I am the editor of QUAY Magazine, a B2B publication based in the South West of the UK. I am also the...more
|
|
|
|
|
GENE MYERS
Author of four books and two screenplays; frequent magazine contributor. I have four other books "in...more
|
|
|
|
|
SUSAN FRIESEN
Located in the lower mainland of B.C., Susan Friesen is a visionary brand strategist, entrepreneur, ...more
|
|
|
|
|
STEPHEN BYE
Steve Bye is currently a fiction writer, who published his first novel, ‘Looking Forward Through the...more
|
|
|
|
|
SHALINI MITTAL
A postgraduate in Fashion Technology. Shalini is a writer at heart! Writing for her is an expression...more
|
|
|
|
|
ADRIAN JOELE
I have been involved in nutrition and weight management for over 12 years and I like to share my kn...more
|
|
|
|
|
JAMES KENNY
James is a Research Enthusiast that focuses on the understanding of how things work and can be impro...more
|
|
|
|
