[cs_content][cs_section bg_image=”33543:full” bg_color=”hsl(0, 0%, 47%)” parallax=”false” separator_top_type=”none” separator_top_height=”50px” separator_top_inset=”0px” separator_top_angle_point=”50″ separator_bottom_type=”none” separator_bottom_height=”50px” separator_bottom_inset=”0px” separator_bottom_angle_point=”50″ _bp_base=”4_4″ class=”watch-loan” style=”margin: 0px;padding: 0px;”][cs_row inner_container=”true” marginless_columns=”true” _bp_base=”4_4″ class=”hero-container” style=”margin: 0px auto;padding: 0px;”][cs_column fade=”false” fade_animation=”in” fade_animation_offset=”45px” fade_duration=”750″ _bp_base=”4_4″ type=”1/2″ class=”cs-ta-center” style=”padding: 0px;vertical-align:bottom;”][cs_text _bp_base=”4_4″ class=”cs-ta-left h2 hero-headline”]Watch loans at the lowest rates[/cs_text][cs_text _bp_base=”4_4″ class=”hero-tagline”]Get More & Pay Less at Chapes-JPL.[/cs_text][/cs_column][cs_column bg_color=”rgb(18, 64, 44)” fade=”false” fade_animation=”in” fade_animation_offset=”45px” fade_duration=”750″ _bp_base=”4_4″ type=”1/2″ class=”cs-ta-center hero-quote-box” style=”padding: 0px 20px;”][x_image type=”none” src=”https://chapesjpl.com/wp-content/uploads/2017/04/getaquote.jpg” alt=”” link=”false” href=”#” title=”” target=”” info=”none” info_place=”top” info_trigger=”hover” info_content=”” style=”margin:0px; padding:0px;”][cs_text _bp_base=”4_4″]
[/cs_text][/cs_column][/cs_row][/cs_section][cs_section parallax=”false” separator_top_type=”none” separator_top_height=”50px” separator_top_inset=”0px” separator_top_angle_point=”50″ separator_bottom_type=”none” separator_bottom_height=”50px” separator_bottom_inset=”0px” separator_bottom_angle_point=”50″ _bp_base=”4_4″ bg_pattern=”https://chapesjpl.com/wp-content/uploads/2017/11/GoldBarRowSmall.jpg” style=”margin: 0px;padding: 0px;”][cs_row inner_container=”false” marginless_columns=”false” _bp_base=”4_4″ style=”margin: 0px auto;padding: 0px;”][/cs_section][cs_section bg_color=”rgba(255, 255, 255, 0.34)” parallax=”false” separator_top_type=”none” separator_top_height=”50px” separator_top_inset=”0px” separator_top_angle_point=”50″ separator_bottom_type=”none” separator_bottom_height=”50px” separator_bottom_inset=”0px” separator_bottom_angle_point=”50″ _bp_base=”4_4″ style=”margin: 0px;padding: 10px 0px 30px;border-style: solid;border-width: 0px 0px 1px;border-color: hsl(0, 0%, 80%);”][cs_row inner_container=”true” marginless_columns=”false” _bp_base=”4_4″ style=”margin: 0px auto;padding: 0px;”][cs_column fade=”false” fade_animation=”in” fade_animation_offset=”45px” fade_duration=”750″ _bp_base=”4_4″ type=”1/1″ style=”padding: 0px;”][x_custom_headline level=”h1″ looks_like=”h4″ accent=”false” class=”h4″ style=”font-size:26px!important;”]Watch Pawn Shop[/x_custom_headline][cs_text _bp_base=”4_4″ style=”padding-top:5px;”]Should You Pawn Your Corum for Cash?
Are you in need of cash fast? If you are, then pawning your Corum may be the right move for you. However, you may want to sell it instead for a little more. Fortunately, pawn shops are staffed with experts in the field of luxury watch selling.
Pawning is better if you need cash fast
If you need cash quickly, pawning or selling your valuables can be a good option. You can sell your old or broken items for cash at a pawn shop. Pawning is a better choice if you need the money right away. If you are planning on selling your valuables, you should know about its pros and cons.
Pawning is a much faster and flexible option than bank loans. You can sell a guitar or a cherished heirloom at a pawn shop and get quick cash in return. The transaction can usually be completed within hours, while a bank loan can take several days.
Pawning can be a better option if you want to get quick cash, because you can keep the item after selling it. You can sell your item for a certain percentage of its value or sell it for cash. The pawnbroker will determine how much you can receive for your valuables. The higher the percentage, the higher the cash you can receive.
A pawn shop can also help you get the money you need without damaging your credit rating. Another advantage is that pawn loans can provide quick cash without any credit checks or employment verification. The collateral you pawn will be kept in a safe place. It is not a good idea to leave valuables in pawn shops for extended periods of time as it could result in lost or stolen items.
Another advantage of pawning is the fact that they will accept anything as collateral for a loan. However, you must understand that some items may be worth more than others and therefore will command higher dollar values. Knowing this information will help you make the right decision when you need cash.
Pawn shops charge high interest on pawn loans
Pawn loans are a quick and convenient way to borrow money, but they also come with high interest rates. Unless you have excellent credit, it can be difficult to secure a loan at competitive rates. Besides, pawn shops don’t report late payments to credit bureaus, and if you default, they keep your item as collateral.
While pawn shops are regulated, there is no guarantee of fair and honest services. If you feel like a particular company is engaging in predatory practices, you can report them to the Consumer Financial Protection Bureau. In fact, the bureau recently filed a lawsuit against two companies for allegedly exploiting military families. This case will help protect consumers and prevent predatory practices. Still, it is important to use caution and research companies carefully before taking out a loan from a pawn shop. It is also worth considering whether there are alternatives to pawn shops before committing yourself.
Although pawn shop loans don’t affect your credit score, borrowers should be aware of the high interest rate associated with them. These loans may cost you as much as 25% per month and may even lead to your item being sold if you fail to repay the loan. Pawn shops also charge additional fees, such as fees for appraisal and storage, which can add up to a substantial amount.
Most pawn shops charge between 25% and 60% of a particular item’s resale value. However, some may offer more than this. Moreover, the repayment terms may not be as long as you would like, which can lead to additional fees and even your item being lost. For this reason, pawn loans are not a good choice for all borrowers.
The interest rates charged by pawn shops vary greatly by state. For example, in Nevada, pawn shops charge as much as 13% interest per month. However, this does not include the costs associated with insuring and storing collateral. Nonetheless, these rates are very high compared to other loans. For example, a $200 pawn loan carries an annual percentage rate of 152%, which is much higher than the average credit card APR.
Items that are clearly replicas are not accepted
Most pawn shops do not accept items that are clearly replicas, such as books and clothing. They also do not accept items that are not in working order. This means that you should check with your local store before bringing your items. However, if you have a valuable item, a pawn shop can often help you get a loan for it.
[/cs_text][/cs_column][/cs_row][/cs_section][cs_section bg_color=”hsl(21, 100%, 50%)” parallax=”false” separator_top_type=”none” separator_top_height=”50px” separator_top_inset=”0px” separator_top_angle_point=”50″ separator_bottom_type=”none” separator_bottom_height=”50px” separator_bottom_inset=”0px” separator_bottom_angle_point=”50″ _bp_base=”4_4″ bg_pattern=”https://chapesjpl.com/wp-content/uploads/2017/11/GoldBarRowSmall.jpg” style=”margin: 0px;padding: 0px;”][cs_row inner_container=”false” marginless_columns=”false” _bp_base=”4_4″ style=”margin: 0px auto;padding: 0px;”][cs_column fade=”false” fade_animation=”in” fade_animation_offset=”45px” fade_duration=”750″ _bp_base=”4_4″ type=”1/1″ style=”padding: 0px;”][cs_text _bp_base=”4_4″ class=”cs-ta-center h4 call-to-action-bar”]
Call Us & Get A Free Appraisal 404-504-7021
[/cs_text][/cs_column][/cs_row][/cs_section][/cs_content]
