Friday, September 13, 2019

Why is This The Best Cash Advance in America

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Seeking a loan for your valuables for some quick cash is a safer than borrowing a predatory payday loan. Pawn shops like Gems N' Loans lend you an amount of money that you then have to repay plus interest. Their loans are secured loans, by means of collateral, or any article of value.

The big differences between a pawn shops and a regular lenders, is that you actually bring your collateral to them and they hold on to it until the loan is repaid. If you can’t pay them back, they simply put the item up for sale in their shop. It is important to consider that the cash advance for your collateral is usually a piece of jewelry or a electronic device. Small items like iPhones can have a very high value. The amount you’ll borrow from a pawn shop is much smaller compared than the amount you’ll borrow with traditional personal loans.

There are many types of no credit check loans out there that don’t care about your credit score. However, even a soft check on your credit can still harm your score if you don’t pay them back. Pawn shop cash advances, however, do not run that risk. If the loan isn’t paid back, the pawn shop won’t send you to a debt collector who then reports your account to the credit bureaus. Instead, they’ll just sell your collateral.

Friday, September 6, 2019

The Best Cash Advance in America


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During difficult financial times, people seem to gravitate to online and payday loan options for fast cash, especially in Escondido California. However, this is common in many cities around North County San Diego. The payday advance model has been around for a while and does offer immediate gratification. However, this type of loan can be risky for some based on various reasons. For example, theses types of loans require the borrower to surrender their bank information in order that the loan company can debit or extract the amount due including interest rates. The rates have been comparable to the highest credit card APR of 400-600%. The borrower can find themselves getting over draft fees should the funds not be available.

The best and underrated cash loan is the collateral lending model. Of course that which is facilitated through a pawn broker. The methodology is very simple. All the burrower needs to do is bring in something of value for it to be evaluated and then loaned against. The worst career scenario when the loan isn't paid back on time, only leaves two options. First call ahead for an extension since pawn shops like Gems N' Loans have been known to offer gracious extensions. Secondly, when all is exhausted, plan of forfeiting your article of value. This leave your bank account untouched in the clear and your credit score the same as when you first took the loan, in other words no credit check needed.



Wednesday, August 21, 2019

Escondido Pawn Shop Offers Payday Loan Alternatives

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Many people often find themselves in financial situations, where the need for cash loans is the only way to fix the problem. This can be due to lack of funds to pay a utility bill or money intended for a birthday gift or part of the rent. There is no shame in trying to be responsible and improvise. This begs the question regarding the means or method from where it can be borrowed.

Pawn shops offer a model less riskier than the average payday advance shop. They allow their customer to offer up an article of value in exchange for a cash loan with low interest. What makes this less risky is the fact that there aren't any credit checks involved and the borrower will not have to worry about their paychecks getting garnished or debited.

Learn more about the collateral loan business in Escondido

Tuesday, July 16, 2019

Are Cash Advance Loans in Escondido Easily Approved


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Getting a payday loan when you need some extra money between paychecks, can be fast and easy. However, payday Loans are short-term loans of a small dollar amounts, usually paid back within two to four weeks based on your pay date. The risk with this type of loan is when the borrower is unable to pay back on time, the perpetual debt cycle of having to keep playing catch up, lands them into a deeper the debt crisis. This is not to say that if paid on time the loan would suffice despite the high interest rates tied in.

Collateral lending however, has been around in Escondido for years and offers the pawnshop model for instant debt relief. The potential customer only needs to offer up an article of value in exchange for the cash advance. Then the pawn broker holds on to the item in exchange, verses a paycheck stub or bank account access. In the case where the loan can't be paid on time, companies like Gems N' Loans will either offer an extension or just simply keep the item of value. This leaves your bank account and credit score out of the equation.

Friday, July 12, 2019

Better Than Payday Loans Escondido

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When looking for cash loan alternatives, pawning your valuables for some quick cash is a safer bet than taking out a predatory payday loan. Collateral loans are less risky and don't require that you provide a pay stub or bank information to secure the loan.

Other than watching a couple episodes of Pawn Stars, do you know how pawn shops actually work? When someone is in a financial bind, choosing a quick cash advance can be challenging.

A big differences between a pawn shop and a regular lender is that you actually bring your collateral to them and they hold on to it until the loan is repaid. If you can’t pay them back, they simply put the item up for sale in their shop. Unlike auto or mortgage loan, you can maintain possession of the house or car that’s securing the loan. But with a pawn broker loan, the item of value stays with them.

The amount you borrow from Gems N' Loans will depend on what item you use as collateral, it is common for the broker to only offer you a fraction of the item’s full value.

Learn more here!

Monday, July 8, 2019

Take The Stress Out Of CASH LOANS ESCONDIDO

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In an ideal world, no-one would need a pawn shop. However, in our less than ideal world, pawnbrokers are a far better alternatives for emergency cash than payday loans and other kinds of alternative financing like car title loans. When in financial despair, the last thing one needs is to become further in debt by signing up for the wrong type of cash loan.

When getting a collateral loan, you take in valuable items and offer them for personnel assets based on value. If you decide to leave the items as security, you’ll receive a loan based on the value of them. However, if the borrower is unable to claim the items and pay the required fee, the pawn shop will sell your valuables to reimburse the money they lent you, as simple as that.

Depending on state laws, some pawn shops can provide extensions or renewals, giving you more time to get your property out of loan. Gems N' Loans Escondido has been operating for over 25 years for a reason, and have been known to offer interest rates as low as 2%.

Tuesday, June 11, 2019

Payday Loan Cash Advance Alternatives in Escondido

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Fast Cash Loan Options From Credit Cards

Credit card advances are high-interest. This means withdrawing cash through your credit card, is dangerously simple process. If you have a credit card, you’ll want to check with your provider to find out the terms and conditions. Basically, when you withdraw the cash from an ATM or a bank teller against the card, the average APR for an advance can be as high as 23.5%, which is generally much higher than the borrower’s regular credit card APR normally ranging around 14.99%.

Pawnshops Are Better Than Payday Advance Loans

Choosing s pawn shop, means you actually bring your collateral to them and they hold on to it until the loan is repaid. If you can’t pay them back, they simply put the item up for sale in their shop. This is why they base the loan or credit on the value of the item. This leave zero strings attached should something go wrong. Unlike paycheck advance institutions, pawnbroker can often extend your loan contract during harder times.

Learn more here!