Thursday, January 10, 2019

No Credit Check Cash Payday Loan Escondido
Imagine the most expensive credit card interest rate of 28 to 36 percent, then imagine an interest rate more than 10 times that high. This is what borrowers of these types of loans end up paying. Payday loans take money right out of your account. You don't even have to write them a check. This can also be difficult to stop. If you haven't paid back the advance, they will keep trying to push payment through, resulting in overdraft fees from your bank.

A collateral lender only requires an item of value that as security in exchange for fast cash loan. This can be anything from jewelry, gold, electronics and even antiques. Gems N' Loans won't even require a credit check. This option ensures money in hand before you payday. No strings with interest rates as low as 2%. Don't get stick in the revolving door of catch up. The only risk is losing your collateral should the loan not be paid back on time. Pawnshops are usually privately owned and are more wiling to work out extensions at times.

Avoid pay check debt, and click here to learn more from your local pawnbroker!

Tuesday, December 11, 2018

Payday Money Centers in Escondido to Trust
Finding a fast cash loan in times of need is not only challenging but risky, depending upon the institution that issues it. Payday centers are passionate about serving consumers who seek alternatives to conventional banks to quickly and safely fulfill their financial needs. However, what is automatically apparent are the extremely high interests rates at some of these places. 

According to, the fee for a payday loan can be anywhere from $10 to $30 per $100 borrowed, which works out to an annual interest rate of 261% to 782%.

Obtaining a loan from a pawn shop is much faster and easier than borrowing money from banks, family and friends. Banks and other financial institutions require credit checks. The money loaned against collateral is straight forward in that the borrower only faces the risk of losing the item of value, versus having their following paycheck garnished should they be unable to meet loans payment on time.

Learn about getting a no hassle loan from Gems N' Loans Escondido!

Monday, December 3, 2018

How to Find the Best Pawn Shops in Escondido
If you never shopped or taken a loan from a pawn shop in Escondido, the first thing you’ll want to know before you step into a Gems N' Loans with all of your things of value, is how exactly does it work. After considering your collateral you wish to sell or loans against, you need to present the item to the pawn broker for an assessment.

Selling things to pawn shops is a good way to get some fast cash when you’re in a financial bind. Always check your other options for getting a large sum of money quickly. This could be credit cards or bank loans. The great news is that pawn shops do to run credit checks and are much more likely to be invasive as a payday loan.

Pawnbrokers love collectibles and things with age. On the off chance that you have some old things in your ownership, even old currencies and collectibles. These are things that show signs of improvement and more profitable with age. Therefore nothing unexpected that a few intermediaries will drop some enormous money on.

Wednesday, November 28, 2018

What Is A Safe Payday Loan?
If you live in Escondido, you probably have a myriad of payday lenders nearby to choose from. Even in rural areas, you can find businesses willing to lend you small amounts of money.

The primary drawback of a payday loan can be attributed to the borrowers inability to meet the repayment terms. Traditional loans operate on installment plans where you have to repay a percentage of the loan each month, while interest accrues according to an annual percentage rate. However, these types of loans have interest rates that average up to 300% when calculated as APR.

When it comes to securing some quick cash for emergency expenses, pawn shop cash advances have some real advantages over other borrowing options.

Pawn brokers like Gems N' Loans don’t care about credit scores, and even 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. What they will end up doing is selling your collateral.

Monday, November 26, 2018

Escondido Cash Advance Options

A cash advance and a short term cash loan refer to the same kind of credit, where you have to repay the advance by your next payday. Short term lenders usually allow you to use approved funds for different reasons such as getting through temporary setbacks, paying bills and taking holiday trips.

Payday loans range from $100 and can be up to $6,000. Usually the lending fee is around 15 to 30% of the loan amount. Therefore, every payday loan that you collect, you wind up paying as much as $15 on every $100. however, the Annual Percentage Rate (APR) could be as high as 600%. Not even the lousiest of credit card interest rates can be that bad.

Your credit score is also at risk if you are unable to pay off your payday loan because once the postdated check is deposited, it will bounce, and once that happens a few times, your credit score can get damaged.

Pawn shops have always been a convenient way to borrow money against collateral you already have in your possession. This poses a less risky loan agreement. The interest rates can be as low as 2%, allowing the borrower to leave their credit score out of the equation. Gems N' Loans in Escondido has been known to work with their clientele and also offer longer loan contracts.

Monday, October 15, 2018

Payday, Car Title or Collateral Borrow in Escondido
Whether you are looking for cash loans in Escondido or any where else in the greater United States, it is a good idea to evaluate the options that are available to you as a borrower.

Vehicle title loans for example, aren't for the faint of heart. While the interest rates are generally lower than those of payday loans, car title loan interest rates are by no means the lowest. The upper limit of affordable is generally considered to be 36% APR, also keep in mind that the fees and cyclical borrowing associated with car title loans make them even more expensive.

Pledging your vehicle as collateral, you risk losing it if you stop making payments. Lenders have the right to take your vehicle through repossession, and you never know exactly when that’s going to happen.

A no credit hassle free alternative is a collateral loan from a pawn shop with interest rates as low as 2%. Places like Gems N' Loans also offer Snap Finance, which is a no credit needed up to $2500 in loan potential. Much like collateral and trade loans or redemptions on valuables, the pawn shop alternative is much more forgiving.

Friday, October 12, 2018

Why Are Collateral Loans in Escondido Easy

Why secure pawn loan? A collateral loans from pawn broker involves you putting up something valuable as a deposit for the money you borrow. While loans sizes can vary, they are typically for small amounts of $150 or less, and you’ll have to pay back the principal plus interest, which can vary from as low as 1% to no higher than 2% at Gems N' Loans in Escondido.

The shop won’t sell your valuables while the loan is active, giving the borrower to opportunity to redeem their item. However, if they fail to repay, the item of value will be kept and possibly sold in the future. Like all loans, it’s important to know the due date and pay it back on time. This is a quick and simple way to get cash without worrying about your credit history.

Some pros to a pawn shops are:

1. You don’t have to go through a lengthy process to get a pawn loan.

2. No credit check is needed, and your loan is backed by your item, therefore, you won’t be screened for good credit.

3. You can relinquish your item to pay back your loan, and the pawn shop simply keeps your item to sell.