Pawnbrokers are good for you
The Daily Mirror reported: “Pawnbrokers are doing well in the recession as more and more people turn to them for short-term loans”. But that is actually good news for people who need emergency money.
With mainstream high street lenders shutting the door on many borrowers, pawnbrokers offer a service that means people are not at risk of getting into debt they cannot afford. On top of that, there is no chance of ending up with a visit from heavy-handed debt collectors.
Pawnbrokers are highly-regulated these days - specifically by the Consumer Credit Act 1974, which also governs banks - and more than 600 of them are affiliated with the National Pawnbrokers’ Association, which ensures that its members maintain certain standards”.
If you need some emergency money to tide you over, Borro.com, the world’s first online pawnbroker, offers £100 - £100,000 for 1 - 6 months (extendable by mutual agreement) at 4% - 6% interest per month.
Compare rates with the typical pay day loan company, which charges 25% per month upwards. Borro loans are totally affordable loans, and they are fast, too. Borro.com often transfers loans within 48 hours of application.
With Borro.com, everything is arranged online, at home, on your pc. So it’s discreet, convenient and secure. All goods are shipped by fully insured courier, and your loan is transferred directly into any UK bank account you wish to nominate.
If you are thinking of selling jewellery, or other valuables, why not get a pawn loan instead? You can get money for diamonds, art or antiques, cash for gold, or a loan against almost any type of personal valuables you can think of.
Phone our expert to arrange a valuation today, call us for free.
