Learn How to Apply for a Pawn Loan

A pawn loan is a non-traditional, short-term loan that leverages the worth of a specific item (such as gold jewelry, silver jewelry, luxury watches, and cars) to gain access to instant cash. The concept of a pawn loan goes back to the Ancient Greek and Roman Empires. They were also quite common in China more than 3000 years ago.

A pawn loan differs from a traditional bank loan in a few major ways. First, a pawn loan utilizes an actual physical object as leverage for the monies loaned. In other words, while a traditional bank loan is based on a number of intangibles including credit score and pure faith that the loan will be paid back by the consumer, a pawnbroker bases their decision on a physical item. When the loan is paid back in full, the pawned item is once again in full possession of its owner.

Second, a pawn loan doesn’t take credit rating/score into consideration. This provides opportunities for those who have recently undergone bankruptcy, home foreclosure, and any other financial disaster.

Third, a pawn loan is granted on the spot, while a traditional bank loan may take much longer to obtain. Also, a pawn lender grants its clients the ability to pay the loan back as soon as possible, without penalty for early repayment. This is ideal for those who are in temporary financial binds and know an influx of cash will be coming as result to a pending job or the close of a business deal.

How to Get a Pawn Loan

Gaining a pawn loan is quite easy. Here is how it works:

  1. Select a valuable item (gold jewelry, gold bullion, luxury watch, etc.) to be pawned.
  2. Locate a pawnbroker with an exceptional reputation.  Also, it is recommended that one seeks out a specialized broker for a particular type of item being pawned.
  3. Provide your ID when you arrive at the pawnshop.
  4. Gain an appraisal from the pawn broker.
  5. Agree on the loan amount and to the terms of the loan.
  6. Cash is granted on the spot.

Once approved for the pawn loan, you will then be required to make payments according to the set terms and conditions. The sooner the loan is paid off, the better.

In order to find a reputable pawn loan, experts recommend a quick Internet search. Online pawn shop customer reviews can reveal a lot about a pawn broker. Additionally, those that belong to The Better Business Bureau are a safe bet.

Posted in Pawn Shop at September 4th, 2012. Comments Off on Learn How to Apply for a Pawn Loan.

Pawn Shops are Changing the Lives of Many Americans

According to a report in the Chicago Tribune a growing number of Americans are utilizing high end pawn shops to fund major life changes. Whether in the form of pawn loans or cash gained from selling valuable items such as gold bullion, gold jewelry, diamonds, rare antiques, or collectible cars, high end pawn shops are investing heavily into valuable goods.

A common scenario is that of a family seeking new opportunities in another area of the United States. Instead of taking out high interest loans, family jewelry, Rolex watches, and other items are gathered up and sold to the highest bidder. The instant cash gained is then used to cover moving expenses and other bills.

An increasing number of individuals are also using the cash gained from selling silver, rare art, and high quality furniture to fund life abroad and/or long-term travel around the world. According to numerous polls throughout the United States, many citizens are choosing to become minimalists and focus on simplifying their lives. This means making major life changes and redirecting energy to new and inspiring pursuits.

In order to gain cash from a leading pawn shop, a consumer must first know the market worth of a particular item, seek out a pawnshop willing to pay a significant amount of cash, and make a deal. Where pawn loans are concerned, a consumer utilizes a valuable item as leverage for a loan. If for any reason the loan can’t be paid back in time, the item becomes the property of the pawn lender.

The pawnshop industry is nothing new, as the business arose more than 3,000 years ago and has fluctuated in popularity throughout the ages. While there are numerous pawn shops across the land, it is important that people seek out those with solid reputations. A great indicator of trustworthiness is online reviews which have been proven a valuable tool for getting to the right pawnbroker.

With a growing number of pawn-related TV shows popping up on a regular basis and Americans working to find creative channels for change, the popularity of pawn shops is expected to continue to grow.

Posted in Pawn Shop at August 29th, 2012. Comments Off on Pawn Shops are Changing the Lives of Many Americans.

How to Sell Luxury Goods to a Pawn Shop for Top Dollar

There are been numerous news reports around the country on how Americans are selling valuable items to pawn shops and reaping lots of cash. For instance, it was just reported that a Willie Mays uniform from 1961 just earned a sports memorabilia collector $31,000 richer when he sold it on the hit TV series Pawn Stars. There are others who sell Rolex watches for thousands of dollars, profit from gold jewelry left from generations past, or cash in on rare antiques.

The following is a sure formula for selling valuable items to high end pawn shops for top dollar:

  • History pays – As exhibited by the man who recently sold Willie Mays’ 61’ jersey, the greater the history behind a particular item, the more a pawn broker is willing to pay. Before attempting to sell a piece of jewelry or valuable watch, extensive research should be done to prove its worth. For example, if trying to sell Rolex, the particular watch reference number must be investigated and its significance revealed. The rarer and more history rich an item, the more money it will probably garner. Thanks to the Internet, there are numerous resources out there for discovering the history behind most anything under the sun. There are also experts that spend their lives researching watches, jewelry, antiques, electronics and used cars. Reach out to a certified expert for their valued opinion.
  • Authenticity is essential Before attempting to sell an item, make sure that it is authentic and be able to provide proof. Certificates of authenticity, product stamps, original boxes, and serial numbers often come in very handy. When in question as to authenticity, consult an expert who can find identifying marks/features as proof.
  • Determine market value – Most items that are bought and sold across the land have market values that are a result of consumer demand. When selling a watch, piece of jewelry, antique, or other item to a pawn broker, it is vital that you know its market value. This way it is possible to know exactly how much cash should be earned. Never be afraid to walk away from a pawnshop if the right price isn’t offered.
  •  Only work with pawn shops with good reputations – As you seek out the right pawn for selling a valuable object, it is important to find a broker that is licensed, truthful, and offers top quality service. It is also recommended that you seek out a specialist for the particular product you are trying to sell. For example, some pawn shops specialize in purchasing antiques, others in Rolex watches and jewelry, and some in precious metals. Seek out the best match for your specific need.

There has never been a better time to sell jewelry, Rolex watches, valuable antiques, gold, and other valuable commodities to pawn dealers. With a bit of research and unlimited persistence, it is possible to earn a significant amount of cash in a short amount of time.

Posted in Pawn Shop at August 23rd, 2012. Comments Off on How to Sell Luxury Goods to a Pawn Shop for Top Dollar.

Trend: Pawn Shops Going High End

According to a report by the Asbury Park Press, as the TV show Pawn Stars is increasing the awareness of pawnshops and their benefit, a greater number of pawnshops are going upscale. Top quality goods such as Rolex watches, branded gold jewelry, Persian Rugs, and even Ferrari cars are being bought and sold within pawn shops.

Also, high end items are being utilized as collateral in pawn loans to help individuals and families weather their financial storms. Per the Asbury Park Press report, unlike past recessions that hit the lower stratum of consumers, the current downturn has hit people at all levels.

Asbury reports that the current economy has even led business owners to leverage their Rolex watches and other items to make payroll or pay other important bills. Gone are the days in which many business owners can go to traditional banks and ask for a short-term loan to accommodate their financial needs.

Some experts have speculated that the pawnshop industry is a much needed band aide until the banking system is corrected by the powers that be. Government regulators have sought to keep pawn lenders honest by creating interest rate ceilings. Additionally, the Patriot Act and Internal Revenue Service have enacted stricter reporting requirements for pawn lenders.

The result for failure to pay back a pawn loan is the loss of the item utilized for collateral. According to Asbury, 85 percent of all Americans that take out pawn loans pay them back in full.

For those who want to sell jewelry, sell gold, and other items for top dollar, the most reputable pawn brokers understand the worth of particular commodities and are willing to pay their value. The key to finding high end brokers is to find those with positive customer reviews (via the Internet) and those with extensive reseller channels.

Finally, Asbury points out that there are pawn dealers who focus on specific items in today’s economy. For instance, some specialize in Rolex watches, others in antiques and art, and others in gold and diamonds. Of course, there are those that specialize in all high end items as well. There is something for everyone…all it takes is a bit of research to find the right option for a particular need.

Posted in Pawn Shop at August 16th, 2012. Comments Off on Trend: Pawn Shops Going High End.

Five Gold Items Pawnshop Want to Buy

Are you looking for an innovative way to gain access to instant cash? Today’s economy marks a moment in time in which gold brokers are paying top dollar to those who sell gold in its many forms. The following are items that are garnering cash from leading pawn brokers:

  • Gold Coins and Gold Bars – Gold bullion and gold bars are currently quite valuable. The current market rate for gold is above $1600, which is up from a few weeks prior. A pawn broker who specializes in buying gold bullion and bars will be eager to purchase your gold.
  • Gold Jewelry – High quality gold jewelry is also going for top dollar. Seek out a pawn broker with extensive reseller channels and you will most likely be offered a fair amount of cash.
  • Gold Watches – Gold branded watches such as Rolex, TAG, Omega, and Bulgari are quite popular with high-end pawn shops around the country. The secret is to find a pawn shop that specializes in buying watches and you will be in good shape.
  • Scrap Gold Dental – Gold brokers are also quite interested in buying high-quality scrap gold used in dental work. If you have recently had gold pieces removed and replaced with other materials while visiting the dentist, you have the power to sell it to a pawn broker.
  • Antique Gold – There are numerous antiques that adorn homes that feature gold. Reach out to a pawnshop that specializes in antiques and they may have a deep appreciation for the piece you are trying to sell.

Pawnbrokers are also seeking to buy silver, platinum, diamonds, and other precious metals and stones. When you reach out to the right shop, you will be amazed at how readily they will offer you cash.

Prior to selling gold, silver, platinum, and/or diamonds, make sure you do your research. Have the piece appraised so that you can be certain you are getting the most cash possible.

Without a doubt, now is the perfect time to sell gold and other precious items to a pawn shop Huntington Beach. Simply seek out a pawn broker that you can trust and make a deal that works for you!

Posted in Pawn Shop at August 8th, 2012. Comments Off on Five Gold Items Pawnshop Want to Buy.

How to Sell Your Rolex Watch to a Pawn Shop for Top Dollar

Do you currently own a pre-owned Rolex watch and need to generate some instant cash? You will be thrilled to learn that there are high-end pawn shops that are throwing thousands of dollars into used Rolexes. We hope the following tips will help you gain top dollar for the sale of your Rolex DateJust, Rolex President, Rolex Sea-Dweller, Rolex Yacht-Master, Rolex Submariner, or any other Rolex model:

  • Locate a Reputable Pawn Shop that Specializes in Purchasing Rolex Watches – There are several pawn shops out there in the world, but very few truly know the worth of Rolex watches or are willing to truly pay what they are worth. Thanks to the Internet, you can search for leading pawn shops that live to buy Rolex. Seek out customer reviews online prior to reaching out to prospective pawnshops.
  • Know How Much Your Rolex is Worth – Before trying to make a deal with a pawn broker for your pre-owned Rolex, it is vital that you know exactly what your watch is worth. For instance, if you want to sell your Rolex DateJust that is in great condition, try Googling Pre-Owed Rolex DateJust Price and browsing through reputable Websites. Locate your exact watch that is in a similar condition. It is also a great idea to go to get your watch appraised at a jeweler.
  • Don’t Cave In to a Bad Deal – Tough financial times can cause the best of us to make impulsive decisions. However, you must be aware that Rolex watches are at a premium in today’s economy. Don’t allow for a pawnbroker to take advantage of your current situation. Stand up for the worth of your watch and be willing to walk away if you must. There are amazing pawn shop Huntington Beach brokers who will pay you what your Rolex is worth.

Beyond Rolex watches, top pawn dealers are looking to buy gold, silver, platinum, and diamonds for a premium. This is due to the questionable state of the world economy. You can sell gold and other items at market rate and reap the benefits. The secret to your success is to build a relationship with a pawnbroker that you trust. They are sure to be there when you need them most!

Posted in Pawn Shop at July 26th, 2012. Comments Off on How to Sell Your Rolex Watch to a Pawn Shop for Top Dollar.

How To Sell Valuable Items To Pawn Shops

Do you have one or more valuable items such as jewelry, gold pieces, luxury watches, antiques, or electronics for which you are seeking cash? The good news is that in today’s world, high-end pawn shops are offering cash on the spot for the right items. We hope the following tips will help you win by selling precious items to pawnshops around the country.

get money for your items at a pawnshop

  1. Small yet valuable items are the key. Most pawn shops are looking for things like rare pieces in the form of jewelry, diamonds, and gold coins. Additionally, luxury watches made by Rolex can gain top dollar. Many people have thought by unloading a valuable piece of furniture will result in large amounts of cash; however, most pawnbrokers aren’t able to accommodate them. It is probably best to reach out to brokers that specialize in antique furniture in such a case.
  2. Research is vital. You can’t expect to walk into a pawnshop to sell gold jewelry, luxury watches, or other items without knowing their history. For instance, say your grandmother left you a beautiful diamond ring. It is in your best interest to research where the ring came from, how pure the gold is, and what is the clarity of the diamond. Researching a piece of jewelry’s history is not only helpful in justifying how much cash you want to gain from its sale; it can also be an interesting adventure.
  3. Connect with the right broker. There are many pawn brokers out there, thus you don’t have to settle for second best. Shop around until you find the right deal and feel comfortable with who you are dealing with. Never feel as though you are being forced into a deal, and never be afraid to walk away.

If you are a fan of Pawn Stars, you are probably already aware of the fact that pawnshop owners are just people. By creating a long-lasting relationship with a pawn dealer that has your best interest at heart, you can gain an avenue for garnering instant cash. Also, if you want to buy gold, jewelry or other items, an honest pawnbroker can help you find the item of your dreams at an amazing price. 

Posted in Pawn Shop at July 3rd, 2012. No Comments.

Old Diamonds and Jewelry Can Fund Your Start-Up Business

There are numerous stories out there about entrepreneurs who have taken chances, spent a small savings, created a product, and ended up with millions as result. For instance, the founder of Spanx decided that if she were to develop a line of feetless pantyhose (which are far more comfortable and versatile than traditional styles), she would benefit consumers. She put her last $5,000 into her idea, and her company has now worth more than $100 million dollars.

You may have an innovative idea, but don’t quite know how to fund your first steps. There is a way, however! If you are the owner of antique jewelry that was handed down to you or newer jewelry that you haven’t worn for years, you can sell gold, silver, diamonds and more for top dollar in today’s economy. Once you have received instant cash, you can then invest in your business idea.

 

There are a number of businesses that are paying big money for precious metals, fine jewelry, diamonds, and watches. One such business is a pawn shop. Beyond providing pawn loans, high end pawnshops are currently seeking out valuable items.

You can also sell Rolex watches and other luxury branded timepieces and gain a substantial amount of cash. When supplying a luxury watch, it is a good idea to bring its original box and certifications with you. This will help quickly reveal that the item is genuine and lead to an accurate value assessment.

The same is true of jewelry. The more information you can bring with you the better. If for some reason you don’t have paperwork or original boxes on hand, it is recommended that you visit a certified jeweler and perform serious research to determine both the piece’s degree of rarity and overall worth.

One of the worst things you can do is walk in to meet with a pawnbroker and not be educated on the item you are trying to sell or pawn. Also, remember that there are plenty of reputable and generous pawnbrokers so don’t settle for less than you know your item is worth.

As you work toward bringing your dreams to life, dare to make your resources work for you. Once you sell your pre-owned jewelry and watches for to dollar, you will be on your way!

Posted in Pawn Shop at June 29th, 2012. Comments Off on Old Diamonds and Jewelry Can Fund Your Start-Up Business.

Find Luxury Items at a High-End Pawnshop

In today’s world, you may be quite amazed at what you can discover in a high-end pawn shop. As revealed by the ever and  so popular show Pawn Stars, people throughout the United States and beyond are seeking to gain large amounts of cash for all sorts of rare and valuable items. This creates numerous buying opportunities for luxury item seekers!

When an item is sold to a pawnshop or made available after an individual has pawned it (received a loan for) an item and failed to repay the debt, a pawnbroker has the opportunity to sell it to a reseller or make it available for purchase in his/her pawnshop.

The following is a snapshot at what you may be able to find at a high-end nearby pawn dealer

  • Rolex Watches – You have the power to find genuine pre-owned Rolex watches that are in near perfect condition. Because of the current demand for precious metals, many people sell Rolex at top dollar, which then makes amazingly beautiful and valuable watches available at affordable prices. Long-time Rolex collectors understand that making a Rolex purchase is much like buying a car, the minute one walks out of the shop the watch’s value drops instantly. However, when they buy a genuine used Rolex, its value has the ability to increase and the investment truly pays off.
  • Designer Jewelry – Pawnbrokers are also offering top dollar for valuable designer gold, silver, and platinum jewelry. This is great news if you are searching for a wedding ring, an impressive bracelet, or a pair of beautiful diamond earrings for a gift. Consumers are learning quickly that they can find pre-owned jewelry that looks as good as new, rather than paying excessive amounts for brand new items.
  • Estate Pieces – Pawn shops also make beautiful estate pieces available, such as mirrors, chandeliers, rugs and rare art. Due to the economy and the rapid rate of foreclosures, estate pieces can be found at amazing prices.
  • Cars – Some high-end pawn shops even sell rare cars. If you are a car collector, you may be surprised that you can find the one of your dreams at a pawnshop that specializes in them.

The secret to finding the item you are searching for is to search the Web and make a few calls. Also, make sure you don’t make hasty decisions when buying. Do your homework and demand that the dealer prove the item’s authenticity. It is also a good idea to check out a pawnbroker’s ratings online.

Go out and have a blast at a pawnshop near you…you are sure to have an adventure!

Posted in Pawn Shop at June 6th, 2012. No Comments.

How To Find The Best Huntington Beach Pawn Shops

There are many Huntington Beach pawn shops throughout the Orange County area. They have many different specialties and many different levels of quality, even though they all ostensibly provide the same kind of service. These tips for finding a great Huntington Beach pawn shops will help you find the right kind of Huntington Beach pawn shops, but can also be used to find a good store anywhere in the country.

Good Huntington Beach Pawn Shops Screen Their Items Before Pawning

The main factor that differentiates good Irvine pawn shops is that the best ones will never take an item without examining it first. They will look over it, confirm that it is valuable, in good condition, and something that their customers will want. This pre-screening process makes it much easier for a non-expert customer to buy with confidence. At Huntington Beach pawn shops that don’t do this type of screening, a typical HB resident would be lost among a wide variety of valuable and non-valuable items.

Look For A Shop That Looks Welcoming

Good pawn shops in Huntington Beach go out of their way to be professional and welcoming to anyone. They will be set up more like a jewelry and fine arts boutique than a typical expected pawn shop. You should also expect a good Huntington Beach pawn shop to have people on hand who can help you explore the selection. If you’re wandering through alone, it may be time to look at other Huntington Beach pawn shops.

If You’re Selling, Make Sure You Choose Huntington Beach Pawn Shops That Specialize In Your Item

Many people don’t know that Huntington Beach pawn shops often have particular specialties. These specialties don’t preclude the pawn shops from picking up other items, but you want to be sure you seek out Huntington Beach pawn shops that specialize in the particular item you want to sell. An informed buyer will almost always give you a better price simply because they know the item’s real value at a glance. Other Huntington Beach pawn shops will have to guess, making their offers lower than what you’d get from a specialty pawn.

Posted in Pawn Shop at May 30th, 2012. No Comments.