Sometimes life catches you out and you suddenly have an urgent need for some money. Maybe the car tire is flat and you need to replace it, or your dog needed a vet visit. Maybe you lost your job and just need something to keep the kids fed until the new job starts. Maybe you want to clear out some clutter and at the same time get some cash from out. Whatever the reasons for needing a loan Howell, you are wondering how you can speed the process up.
Traditional borrowing is harder right now
The fact is that getting a traditional loan from a lender like a bank or financial institution is harder right now. Plus there is a process to follow that means even at its quickest a loan from a bank will take days to apply for, get approval and then get the money. Plus if you have a bad credit history being successful in the application stage is even less likely when you need a loan Freehold.
There are two loan types traditionally. A secure loan means you are using something of value against the loan. Lenders offer better interest rates on secure loans because should you default they can take ownership of your property, whether the house or a vehicle, or with a pawn shop something smaller, and sell it if you do not repay the loan as agreed. Your credit rating is also less important with a secure loan.
An unsecured loan tends to be a bit faster than a secure loan but the interest rates are more and the worse your credit history the worse those rates are. You can get a loan Howell this way but you should save unsecured loans for when the need is great.
Payday loans are a lot faster than traditional bank loans. Usually, the money can be in your bank account within the same day. There are strict criteria you have to meet thought. You need good credit history, your need a job and be prepared for high-interest rates. You are basically borrowing against your next paycheck due in. Make sure you do not get to the point where you are unable to meet your basic needs in the next month and are not looking for other ways to borrow money.
Pawn shop loans
A pawn shop loan Freehold has a lot of advantages. It is the quickest option, in general, if they are happy to offer a loan against the item of value you bring in then you walk out with the money in under an hour. It does not matter what your credit history is like, they do not look at it at all. But the interest rates are again very high. It is not a good idea to keep extending this kind of loan as more than a month of such rates means a lot of money to repay.
Century Jewelers & Loan offers 90-day collateral loans on a wide variety of items. We also purchase a variety of items including gold. We appraise jewelry, coins, art and other valuables for estate, insurance, and divorce purposes and offer estate buying services. At our store, we carry a large assortment of unique items to purchase including jewelry, musical instruments, collectibles and more. Century Jewelers & Loan will also help you host a gold party!
Century Jewelers & Loan has served the New Jersey area for over 15 years. Throughout our history, our main goal has remained the same: to deliver quality, value and, most of all, impressive service.
This commitment means we work harder and smarter than our competition. We are at the forefront of the pawnbroker industry and offer our customers the latest services, technology, and information available. Give us a call today and let us show you the Century Jewelers & Loan difference.