Chapes-JPL
Jewelry Loan Panthersville, GA

Jewelry Loan Service Cost

Jewelry loans are a quick and hassle free way to borrow money without a credit check. Loans are based on the value of your collateral, not your credit rating or pay schedule. Interest, term periods and fees vary by location – Please check store for details. If you can’t pay back your pawn loan in full, including any applicable grace period, we can offer you a renewal to give you extra time. You may also choose to surrender your collateral as payment in full.

Panthersville Jewelry Loan

We provide Jewelry loans on a variety of items, including gold and diamond jewelry, electronics, musical instruments, tools, and more. Simply bring us an item of value, along with a valid photo ID and we’ll get you money in minutes after your loan is approved.

Jewelry Loan Near Me

What is a renewal?
If you can’t pay back your pawn loan in full on the due date, you may get a renewal. With a renewal, you’ll pay the interest that has accrued on your pawn loan in full, and we will write you a new pawn loan. The principal pawn loan amount remains the same, as does the interest rate, but the due date is reset for the full loan term.

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Will I lose my merchandise?
Most of our customers repay their pawn loans and pick up their merchandise. If a customer doesn’t repay the pawn loan, the merchandise or collateral for the loan is forfeited and will be sold.

Price Quote Jewelry Loan Panthersville

How do you determine an item’s worth?
We base pawn loan amounts on the value of your item – its current appraised value, condition and our ability to sell the item.

We use all the research tools we have at our disposal to determine an item’s value and get you the most money we can.

The appraisal process varies depending on the type of item. For example, jewelry is evaluated differently than a Playstation. We have an internal pricing and research team that review thousands of items on a regular basis to ensure that our pawn loan values are in line with the general marketplace for pre-owned merchandise. They provide us with the item’s retail value when it was new, its pre-owned market value, and how to determine its condition.

How do you determine the condition of an item?
The condition of an item is always taken into account during the appraisal process for a pawn loan. If one 52-inch television comes in that is in perfect condition and one 52-inch television comes in with a crack in the case, we will loan more on the TV that’s in better condition.
When it’s general merchandise you want to pawn, we test each item to ensure it is in good working condition. This includes, but is not limited to, a visual inspection, plugging an item in and turning it on, and noting if any necessary accessories (such as remote controls) and manuals are included.

The better the condition of your item, the more money we can loan you.
How do you determine the value of jewelry?
When jewelry is the collateral for a pawn loan, we test the precious metals and diamonds to determine its worth.
The diamond testing includes a visual inspection using a jeweler’s loupe, weighing the item, sizing (determining carat weight) any stones, and noting the cut/color/clarity of each.
In addition, we test the metal using a special acid that determines the karat of gold. This is done to ensure a clean test so there are no false readings on your item that may detract from what we can loan you.
How do you determine the price of gold?
The price of gold is based on market values, the price for which is routinely reviewed and updated by our internal pricing department. Prices can vary greatly as the loan amount for 24K gold is significantly higher than that of 14K gold.