Are Cash Loans Right for You?

Just about everyone will, at some point in their life, need access to a little cash to get through a difficult situation. Whether it is a car that is broken down, a home repair, or anything else, being able to get a cash loan quickly and easily is very important. Unfortunately, for many people it is actually a challenge that can seem insurmountable.

Some people, for example, don’t have a high enough credit score to qualify for a loan from a bank. Others can’t afford to wait the weeks it often takes for a bank or credit union to approval a loan. Whatever the situation, our pawn shop can provide you with high quality, affordable cash loans that everyone can qualify for no matter their financial history. This is because our cash loans don’t work the same way as banks or other lending institutions.

How Pawn Shop Cash Loans Work

The main thing that sets our cash loans apart from other lenders is the collateral that is used. When you want a loan, all you have to do is bring in something of value to put up for collateral. This is called pawning the item. So, a common example is someone bringing in a nice engagement ring and pawning it for cash.

We will take the ring and, based on its value, pay the owner a set amount in cash. We’ll then hold the ring in our secured facility until the owner returns and repays the loan. When the loan has been repaid, the customer gets the ring back without any problem.

How Fast Can You Get a Cash Loan?

Another great thing about coming to our pawn shop for a cash loan is that you can typically get the cash you need very quickly. Once we review the item you want to pawn, we’ll have you fill out the simple paperwork and get you the cash you need immediately. In many cases the entire process will take under an hour to complete.

Ηow much can You Get

We offer cash loans of virtually any amount you happen to need. It is all based on the value of the item or items that you want to pawn. If you have a piece of gold or silver, for example, that is worth thousands of dollars, we can lend you that value minus the agreed amount that is charged for the loan.

What if you Don't Repay the Cash Loan?

If you don’t repay the loan, we will simply have to sell the item you pawned to get the money for it. This will never reflect poorly on your credit report, since you will have actually repaid the loan through this sale. In addition, keep in mind that if you can’t come up with the cash to repay the loan, we may be able to work with you on extending the deadline. Just come into our shop and we can usually work something out that works for everyone involved.