WHY A PAWN LOAN
Why would you Pawn an item instead of Selling it? The main reason would be that you would like to keep the item. So, although the loan amount would be less than an outright purchase, you would have the opportunity to retrieve your property.
However, if your goal is to receive the most money possible and you have no attachment to the item, then selling would be your best choice.
Pawn is a very Short Term Collateral Loan that can be paid off at any time during the term by paying the current accrued interest and principal. It is most beneficial when you are expecting to receive income in the future but you have need of funds now. The future funds can be used to pay off the loan and receive your collateral back.
We’ve recently added Pawn Loans to our services at the Gold Xchange for our Customers in need of immediate funds. Our focus has always been Precious Metals like Gold, Silver, Platinum and Palladium in various forms such as Bullion, Numismatic Coins, Jewelry, Watches, Diamonds and Sterling Silver Tableware. Therefore it makes perfect sense that we offer Pawn Loans on any of these items.
Since all of these items have recognized value and are easily traded or melted, we offer high value on our Customer’s items in a Pawn Loan. We charge lower interest rates on larger loans, please inquire.
If you are considering a Pawn Loan, contact us and visit our store for a quick quote. .