Diamond Loan Service Cost
Short on cash?
Unexpected expenses happen. Even expected expenses can turn out to be more than you bargained for. Bottom line: you need money, and you need it now. Chapes-JPL is here to help you tackle those expenses through short-term collateral diamond loans.
Druid Hills Diamond Loan
What exactly is a Diamond loan?
To obtain a loan, you first bring in an item of value, called collateral. We appraise the item to determine its current market value, which is the dollar amount the item can actually be sold for in the current market. The value of the loan we’re able to offer you is a percentage of the market value we appraise the item to be worth. The percent depends on the item and the marketability of the item.
Diamond Loan Near Me
So, what exactly is the diamond loan process?
If you choose to take out a diamond loan, we’ll loan you the amount agreed upon for a period of 30 days plus the interest charged on the initial loan (the principal). You’re welcome to come in at any time within that 30 day period to pay back the loan principal plus accrued interest and pick up your property.
Best Local Diamond Loan 30030
Need more than 30 days to pay back your loan? Not a problem. Just come in and pay down the interest accrued in the last 30 days, and we’ll extend your loan an additional 30 days at the same interest rate.
Price Quote Diamond Loan Druid Hills, GA
Will my property be safe?
At Chapes-JPL your property is secure and insured while in our care. We return it to you in the same condition it was when you brought it in.
Loan Process and Terms
Just looking for a loan? We are always happy to pawn your items, here is how it works…
After you bring your item in and we settle on an amount that we will loan on your item(s). The Loan contract will be written for 3 months and you will be paid in cash or if you prefer a check.
We Charge 5.36% – 15% for each month the loan is outstanding. (The monthly percentage rate is on a declining scale based on the amount borrowed.) Any period of 1-30 days will still be charged the same amount.
Only Cash, Money Order, Cashier’s Check or Debit Cards are accepted as payment on a loan.