Precious Metals Can Help You Get A Credit History Free Loan

pawnWhen it comes to getting a loan today, there are a lot of different ways that you can approach it. The average person has to go with traditional lending solutions, and while those aren’t terrible, they are going to be difficult to manage.

You see, in the traditional solutions that you can explore, you will need to take into account your credit history, your credit score, and whether or not you are worthy of getting a line of credit in any way. Now, if you don’t have a great history, or if you have dealt with issues in the past, you will be declined.

IT’s for that reason, you should take into consideration a different route, perhaps one that is going to help you garner a bit of success in getting funding, and that’s through the use of a pawn broker. Options like, cash4jewelrynow, are interesting in that they don’t require you to have any major scrutiny overall.

Getting Your Precious Metals In Order

As you look into the bigger picture, you will need to look precious metals that you may have. The most common and highest sought after solutions include platinum, gold, and silver. These are usually found within jewelry and other elements. You may have these things lying around, unused, and no longer worth wearing etc.

However, what you need to take into consideration as a larger entity, is the fact that you don’t need to have these things brand new, or anything like that. They can be broken, they can be dusty, and they can be otherwise broken down overall. Once you have these in place, you will need to get a helping hand in lending from a pawn solution.

Loans From Pawn Solutions

Here’s where things get really good overall. The big thing that you are going to be able to see when you work with a loan from these companies is the fact that you will use collateral to get money. Your precious metals will be weighed, assessed, and looked into the bigger picture overall. Once you give the pawn solution your items, you will be able to get money fast. The money you get is based on the gold, silver, and other jewelry items that you have to offer.

pawnNow, you will not get the items back unless you pay back your loan. If you pay back your loan, you will receive your items back. It’s that simple. This is why this option is so good, because you will not have to deal with credit history, credit scores, or anything along those lines. You will be able to get another loan if you’d like, and you will get money fast.

When you work with a good solution like cash4jewelrynow, you’re going to be able to get an easy progress forward with financial gain. It’s simply a great option to take into consideration, and it’s going to let you get more lending solutions from the pawn shop you want to work with. This is a better option than having to deal with credit history and declining applications.

Taking a Closer Look at the Misconceptions Surrounding Major Pawn and Other Pawn Shops

What is the first thing that comes to your mind when you encounter the term “pawn shop?” This means a lot of things to different people but there is a common thought, a misconception rather, that surrounds the business and have done so for decades. Thanks to television and movies that constantly portray pawn shops like Major Pawn as the last resort prior to bankruptcy, establishments like ours have a poor reputation that cannot be shaken off that easily.pawn shop

Even if there are new media that show the truth as to what pawn shops do, and how normal and legitimate of a business it really is, there is still a stereotype that clings to the industry. Although true for some, the same cannot be applied across the board. You will still find shops where an old man smoking a cigarette wearing several watches under his jacket will blend in.

You will still find shops that have broken, cracked, and crumbled items on the shelves. You will still find places that serve as social hangouts for criminals. But these are limited and slowly dying. Most of the pawn shops you will find today are legitimate trading facilities where people, in exchange for items of value, can get cash money with ease.

It is highly possible that this uniqueness of our industry is what led to all of these misconceptions and poor ideas. But things have changed drastically through the years and it is about time that these thoughts are put to rest. Here are some of the common misconceptions that we at Major Pawn are tired of hearing:

  1.  You won’t get far in any pawn shop without family heirlooms, jewels, or gold.

Although there are establishments that do specialize in the spot trading of high-ticket items namely gold, family heirlooms, jewels, silver, and antiques, this does not mean that this is true for all businesses. There are plenty of pawn shops today that do not have this limited policy where everything from signed records to vintage cars can be sold or pawned.

  1.  Interested in low-priced stolen goods? Visit your friendly neighborhood pawn shop.

We at pride ourselves in the legitimacy of our operations and this is why you can rest assured that you won’t find anything stolen from our inventory. Although there are a couple of shady establishments out there, a lot of us don’t run our store like Jeebs from Men in Black. In reality, less than 1% of items found in pawn shops are stolen.
With every transaction recorded by serial number, and with most of these documented with client fingerprints, identification, and photographs, the customers themselves bear the responsibility of ensuring that what they are in possession of are rightfully theirs. Any questionable scenario is immediately reported to the authorities.

  1.  The only things that you will find in a pawn shop are run-down items collecting dust inside display cases.

PawnThose who bring items to pawn or sell at pawn shops are in need of a little extra cash on hand. Some simply want to declutter their homes while getting the most money out of good quality second-hand merchandise. There are establishments that even employ restoration experts to ensure that slightly damaged items brought to the shops are repaired and work like new.

  1.  Pawn shops are pit stops for people who are down on their luck.

Unbeknownst to most people, as much as 80% of our clients, and those of other pawn shops, reclaim their items within the redemption period. Many small businesses and private individuals seek loans from us because other financial institutions can easily deny their requests while we accommodate them with the presentation of simple collateral.

  1.  Pawn shops lack regulation so be ready to get taken advantage of.

You might think that we at Major Pawn will try to take advantage of you because we know that you need money for your belongings. This is not true. Every item is carefully researched, authenticated, and price checked against prevailing market rates. These serve as the basis for final valuation.

These are only a few of the misconceptions that we have to deal with at Major Pawn. Help us out by visiting a local establishment and see for yourself just what we do.