Learn how pawn shops work and what we can do to help you in Newark, NJ.
If you have found yourself in a situation where you need some extra cash to deal with a situation, you are likely wondering what the best way to get it really is. What many people have found is that our pawn shop is able to offer high quality cash loans that are far superior to any other option out there. There are many benefits to a pawn shop cash loan that you simply can’t find anywhere else, and as the best pawn shop in Newark, we would love to have the opportunity to serve you.
For those who have never gotten a cash loan like this before, it may seem confusing at first, but it is really quite a simple process that offers you many benefits. Keep reading this page to learn a little more about this service. If you have any questions, don’t hesitate to stop in our shop or give us a call at (973) 710-3978.
Benefits of our Cash Loans
The following are some of the most important benefits you will get from our cash loans compared with other options:
- Fast – We can get you the cash you need right away. You can often walk out of our shop in under an hour with money in your hand.
- Everyone Qualifies – We don't run credit checks or look at your credit report at all. Everyone qualifies for our loans no matter what your situation.
- No Defaulting – Since you are putting up an item of value as collateral, if you can’t repay the loan we can just sell the item. This means you don’t have to worry about defaulting on the loan or having late payments.
- Reasonable Fees – Unlike payday loan shops, we keep our fees very reasonable. This allows you to get more cash in your pocket, and helps you to get the most benefit possible from your cash loan.
Of course, there are many other benefits as well. If you're wondering how our cash loans can be so much better than other loan companies, just read on to see how they work. This will help explain all the great advantages you will get.
How Pawn Shop Cash Loans Work
When you need a cash loan from us, all you have to do is bring in an item to pawn. Pawning is essentially putting something up for collateral for your loan. You can pawn gold, pawn silver, pawn jewelry, pawn watches or just about any other valuable item you happen to own. We’ll appraise the item or items and offer you a loan based on their value. If you agree to the terms, we’ll give you cash and keep your item in our secured facility.
Once you repay the loan, you get your item back without a problem. The fact that we have the item eliminates our risk, which allows us to make high quality loans to people in any situation. It also makes the entire transaction go much more quickly since we don’t have to run credit checks or anything like that. If you think a cash loan is the right option for you, please stop in our shop to get the process started.