Don’t Sell Jewellery at Low Prices - Pawn it Instead!

August 30, 2009 · Filed Under Jewellery Pawning, Short Term Loan · Comment 
If you need fast cash, but you are disappointed about the amount you have been offered for your jewellery or watches, why not pawn them instead?  That way, when your short term cash flow problem has been settled, and you pay off your loan, you get your jewellery back to appreciate in value until a better opportunity to sell them arises.

Borro.com, the world’s first online pawnbroker, has transformed the business of pawnbroking into a modern, discreet, convenient, safe and fast service.  Many Borro loans are transferred within 48 hours of application.

Borro.com offers asset backed loans between £100 - £100,000 for 1 - 6 months (extendable by mutual agreement).  The Borro valuation team is staffed by industry professionals with many years’ experience.  The result is that Borro loan offers are second to none.  Just compare them yourself with alternative offers you get on the high street.

Better still, don’t bother wearing out shoe leather looking for a reputable high street pawn broker.  You can deal with Borro totally online, at home.  It doesn’t matter if you have a bad credit rating, if you have appropriate collateral in the form of gold, jewellery, watches, gemstones, art or antiques, you will always get an asset-backed loan from Borro.com.

Getting a Borro loan never involves intrusive questions or frustrating delays.  Borro.com is UK government regulated, and all Borro contracts are approved by the Office of Fair Trading, so you can be sure of every possible legal protection.

A Borro contract is totally straightforward and easy to understand.  Borro never hikes interest rates during a loan period, and there are no hidden extras like setup and admin fees, early settlement charges, late payment fees, default penalties or other costs and interest.

Some types of loan which seem cheap at the outset can turn out to be much more expensive than a pawn loan, when you add in all the extras with interest.  And, if they go wrong, the can lead to debt collectors, court actions, bailiffs, asset seizures and even repossessions – things that will never happen with a pawn loan, even if you decide not to extend or pay off the loan.

All goods are shipped to and fro by pre-paid, fully insured courier, and all loans are transferred electronically, directly into any UK bank account you wish to nominate.

For a cheap, no risk, secured loan, personal loan or collateral loan, visit online pawn shop, Borro.com, in order to get money for gold, cash for jewellery or a loan against watches.

Fast cash is easy cash at low rates with Borro.com.  If you need an affordable, low interest rate loan, visit short term loan provider, Borro.com, today.

Sotheby’s sell diamonds at record prices

August 27, 2009 · Filed Under Cash For Diamonds · Comment 

Thinking about how you can sell diamonds?  One of the world’s rarest diamonds will be auctioned at Sotheby’s on May 12th 2009.   A blue diamond weighing 7.03 carats is estimated to realize in the region of £3.9m to £5.7m.  Most who sell diamonds can only dream of such an opportunity!

Mined from the famous Cullinan diamond mine in South Africa, last year it was cut from a 26.58-carat rough diamond, producing an internally flawless diamond coloured by the presence of boron.  The successful buyer will also be given the opportunity to name the stone.

Sotheby’s, who routinely sell diamonds of the highest quality, expect it to fetch in excess of £5m.  Despite the current financial climate, this will smash the current world record price per carat among those who sell diamonds at auctions, which stands at £900,000 for a 3.73 carat diamond sold in May 2008.

“Dealers who sell diamonds say rare diamond and gemstone prices have been steadily rising and auction houses have been selling investment grade gemstones at record sales” according to Reuters.  In the current global crisis, those who are in a position to buy and sell diamonds, gemstones, gold and fine art, see these assets as more stable investments in the current global economic climate.

Rare assets, like historically significant art assets, possess stability due to their limited supply. This stability is what allows those who buy and sell diamonds and other rare items to leverage their increasing value as a hedge against economic and political cross currents.

As the gem, gold and fine art market holds, Borro.com provides the best possible secured lending rates for those who wish to pledge rather than sell diamonds.  So, instead of thinking of how to sell diamonds, get a loan instead from Borro.com, and get your diamonds back when you have paid back the loan.

Don’t sell diamonds when you can avoid having to sell diamonds by getting a secured loan against diamonds from Borro.com.

Pounds until payday

August 27, 2009 · Filed Under Payday, Short Term Loan · Comment 

If you want some money to tide you over until your next pay day, a Pay Day Loan might seem a good idea.

However, the interest you pay on a typical pay day loan might be as much as 25% per month, and could even be more.  Your loan amount will typically be limited from £100 to £1,500, and you will have to pay it back within 14 - 31 days, otherwise late payment charges and default penalties may be added with compound interest.  Ultimately, debt collectors, court actions, bailiffs and asset seizures could also result.

By way of contrast, a pawn loan is among the safest and most reliable forms of short term finance available.  For example, Borro.com, the world’s first online pawnbroker, offers £100 - £100,000 for 1 – 6 months (extendable by mutual agreement) at interest rates of 4% - 6% per month.

A pawn loan can always be settled, one way or the other, without the lender having to resort to any of the nastier consequences described above, associated with defaulted pay day loans (as well as defaulted bank loans, overdrafts and credit card bills).

A pawn loan will never cost you more than you think. There are no punitive extras hidden in the small print, such as admin and setup charges, early settlement fees, late payment charges or default penalties.  Also, pawn interest rates are never hiked in the middle of a loan period - unlike some other forms of secured loans.

All UK pawnbrokers are regulated by the UK government, and all UK pawn are approved by the Office of Fair Trading, so you can be sure of every possible legal protection.

Unlike pay day loans (and other forms of secured and unsecured loans), a pawn loan will never adversely affect your credit rating, even if you decide not to extend or pay off the loan.  Also, you will not have to answer any intrusive questions or suffer frustrating delays when you apply for a pawn loan.

Borro.com, the world’s first online pawn shop, has thoroughly modernised the business of getting a pawn loan.  Everything is done online, at home, so it’s all totally discreet, convenient and safe.  All goods are shipped by pre-paid, fully insured courier, and all loans are transferred electronically, directly into any UK bank account you choose.  It’s fast too!  Many Borro loans are transferred within 48 hours of application.

If you need cash for your valuables, money for gold, or you want to raise a loan against diamonds, watches, art or antiques, visit Borro.com.  Fast cash is easy cash at low rates with Borro.com.

If you need an affordable low interest rate loan, in the form of a personal loan or collateral loan, then, for a cheap, no risk loan, visit short term loan provider, Borro.com, today – or call us, free, on 0800 756 9877.

Pawnshops thrive in credit crunch

August 26, 2009 · Filed Under Short Term Loan · Comment 

Should you be surprised? Not really! The greedy banks who gambled (and lost) all our money, only to beg us for more in order to bail them out, are now more intent on paying themselves huge bonuses than trying to help the real economy to get back on the track from which they so irresponsibly derailed us.

So, it’s not surprising that the pawnbroking industry is doing well - or that the image of the pawnbroking industry has strengthened so much in these difficult times.

In the past, pawnbrokers were sometimes viewed as rather shady, but these days, they are increasingly seen as the most reliable form of short term finance available. Pawnbrokers are also seeing more custom from a higher demographic profile.

Even high net worth individuals, who in past times would not consider using a pawnbroker, are leveraging their own, personal assets in order to get an asset-backed personal loan. This trend is increasing, as more and more people, throughout the social scale, get more and more fed up with useless, credit crunched banks.

Borro.com, the world’s first online pawnbroker, has transformed the business of negotiating a pawn loan into a modern, straightforward, discreet, convenient, safe and rapid service!

You can do it all at home, on your pc. All goods are shipped from and to any UK address by pre-paid, fully insured courier, and all loans are transferred electronically, directly into any UK bank account the borrower nominates - often within 48 hours of application.

What customers really appreciate is just how discreet the service is. No credit checks are necessary, no intrusive questions are asked, no income statements or property ownership qualifications are required, and there are no frustrating, bureaucratic delays.

If you have appropriate collateral, in the form of jewellery, gold, watches, art or antiques, you will always get a pawn loan from Borro - regardless of your credit rating.

For easy cash in the form of fast cash at low rates, check out Borro.com. Whether you are seeking a personal loan, small business loan, student loan, car loan, bridging loan or debt consolidation loan, if you have personal assets to pledge, you will always get an affordable, low interest rate loan at Borro.com.

If you need money for gold, cash for jewellery or a loan against watches, art or antiques, get online to Borro.com. Online pawn shop, Borro.com, offers secured loans from £100 - £100,000 for 1 - 6 months (extendable by mutual agreement) in the form of cheap, no risk collateral loans.

Short Term Loan with a Bad Credit Rating

August 25, 2009 · Filed Under Short Term Finance · Comment 

People with bad credit ratings who need short term loans are most vulnerable, and they are often trapped into uncontrollable debt spirals.

They are prime targets for “alternative” lenders such as pay day loan companies and “doorstep” lenders, who frequently charge interest rates in the 100%s to 1,000%s per annum. Also, if things get out of control, the first thing they will do is call in debt collectors - or worse!

The high street banks and other traditional lenders are not much better. Mostly, they will ignore loan applications for those with bad credit ratings, while, over recent years, they have been increasingly responsible for creating situations where customers’ credit ratings have been adversely affected.

Missold loans occur when the lender provides loans that they know borrowers will not be able to pay back. Sharp practices such as hidden setup & admin fees, early settlement charges, late payment fees and default penalties, together with punitive levels of compound interest, can turn a seemingly cheap loan, overdraft or credit card bill into an uncontrollable monster!

So why do so many pundits include pawnbrokers in their criticism of “sharp practice” lenders? These days, a pawn loan is one of the safest and most readily available forms of short term finance.

A pawnbroker will never “missell” you a pawn loan. A pawnbroker will never saddle you with a debt that you can’t settle - one way of the other. A pawnbroker is not a shady, second hand goods dealer. On the contrary, a pawnbroker is a responsible provider of financial services who would much prefer to loan money out on clear and reasonable terms, and earn interest in return, than be forced into the hassle of disposing of an unredeemed pledge.

These statements are borne out by customer feedback. Many UK pawnbrokers report that in excess of 80% of pawn loans are either paid off, or extended by mutual agreement during the loan period – and that increasing numbers of first time customers are returning as repeat customers.

Dealing with a pawnbroker is so straightforward. All UK pawnbrokers are regulated by the UK government, and licensed by the Office of Fair Trading. There are no credit checks, intrusive questions or bureaucratic delays.

Because a pawnbroker holds your pledge as security, there is never any need for adverse credit ratings, debt collectors, court actions, bailiffs, asset seizures or repossessions - ever! Even if you decide not to extend or pay off your pawn loan, you will be given ample notice and every opportunity to redeem your pledge before it is sold - and if it is sold, any money left after settling the loan will be sent straight back to you.

Borro.com, the world’s first online pawnbroker, has transformed pawnbroking into a modern, discreet, convenient, safe - and fast service! Loans of £100 - £100,000 for 1 - 6 months (extendable by mutual agreement) at interest rates of 4% - 6% per month are frequently advanced within 48 hours of application.

With Borro.com, you do it all online, at home. All goods are shipped to and fro by prepaid, fully insured courier, and all loans are transferred electronically, directly into any UK bank account you choose.

Fast cash is easy cash at low rates with Borro.com, the world’s first online pawn shop. Getting an affordable, secured loan or collateral loan at low interest rates has never been easier. If you need a loan against gold, money for diamonds or cash for jewellery, get online to Borro.com.

If you wish to sell gold, sell diamonds, sell jewellery, sell watches, sell art or sell antiques, there may be a better alternative. Use them as collateral for an asset-backed loan from Borro.com. You will get a top-dollar loan offer, and when you have paid off your loan, you get your possessions back.

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