Why Pawnbrokers Are Back In Fashion
Why Pawnbrokers Are Back In Fashion
The Guardian recently reported that, “The rise of the eBay trading culture, and credit crunch fallout, is fuelling a dramatic surge in pawn-shop finance.
“As households become more comfortable with selling all manner of goods online, so those spanning all income bands - but struggling during the recession - are increasingly turning to pawn shops to secure short-term loans”.
But what has brought about this change of attitude? First of all, pawnbrokers are regulated as never before, which means that borrowers are protected as never before. Secondly, the advent of on-line pawnbrokers means that the process is more discreet, more convenient and also faster than ever before!
Borro.com, the world’s first online pawnbroker, has consistently reported increasing business over the past year. Borro’s Head of Valuation, Samantha Lilley said, “Our customers constantly tell us that we are one of the most reliable and readily available sources of personal finance around. In these days of the credit crunch, when most financial institutions are drastically reducing the amount of credit available, we know from our frontline feedback that increasing numbers of new customers from all social backgrounds say that dealing with Borro.com is an unexpected and pleasant surprise”.
Borro.com offers loans from £100 - £100,000 for 1 - 6 months, secured against personal assets such as gold, jewellery, watches, art, antiques and all other types of personal valuables.
Everything is arranged online, at home, via your pc, and all goods are transferred by fully insured couriers. With Borro.com, easy cash is fast cash at low rates of interest. Borro’s affordable 4% - 6% rates compare very favourably with the 25% upwards charged by the typical pay day loan company. Other so-called short term loan providers and doorstep lenders are not much better - and many are a lot worse!
If you need a cheap, no risk, secured loan, personal loan or collateral loan, look no further than online pawn shop, Borro.com. If you want cash for gold, cash for silver or cash for diamonds, then there’s no need to sell jewellery, sell watches or sell art or antiques to get the cash you need. Use your assets to secure a Borro loan, and then later, when you’ve paid off your loan, get your assets back.
If you have a bad credit rating, or you need a debt consolidation loan, you will always get money for valuables at Borro.com.
