Farmer tries to pawn livestock

January 25, 2010 · Filed Under Short Term Loan · Comment 

Online pawnbroker is meeting people trying to pawn the strangest things for quick cash.
Emma Pankhurst of Borro, the UK’s leading online pawnbroker, says a farmer recently tried to pawn his entire livestock in exchange for a quick cash loan.

Borro had to turn down the offer since it isn’t really cost effective to store live sheep and cows in their storage facilities, despite the relative luxury of those vaults.

Bizarre items people have successfully pawned include a set of gold teeth, a platinum belly piercing bar, and a rowing singlet worn by Olympic athletes.

The most commonly pawned items are Rolex and Breitling watches, perhaps because of the downturn in the City.

One such item was pawned by a premiership footballer in order to fund a wild night out.

One lady pawned her jewellery to buy herself a plane ticket to meet her father for the first time in 40 years.

Pankhurst says many customers use pawn loans to pay for plastic surgery, lawyers, or medical bills. Their services have come in especially handy amidst the economic downturn, which obviously gets dealt with in different ways.

Nothing Faster than a Pawn Loan!

May 20, 2009 · Filed Under Short Term Loan · Comment 

Nothing Faster than a Pawn Loan! 

Pawnbrokers used to be unfashionable - not any more!  Greedy, credit-crunched banks are among the uncoolest things around these days. 

 

So, why are pawn loans so cool?  They are safe, affordable – and fast!  Borro.com, the world’s first online pawnbroker often transfers personal loans within 48 hours of application.  You can do it all at home, on your pc.  It’s discreet, convenient and easy! 

 

It’s secure too!  All UK pawnbrokers are government regulated, and all pawn contracts are approved by the Office of Fair Trading, so borrowers can be sure of every possible legal protection. 

 

Many so-called short term loan providers hammer you if you want to avoid continual interest payments by paying off the loan early.  If you try that, they will point out clauses hidden in the small print that say you have to pay the interest anyway. 

You don’t get any of that with a pawnbroker.  Under a pawn contract, you only pay interest during the period you actually use the loan, and you can pay off the loan any time you like.  Even if you decide not to pay off the loan, the worst that can happen is that your pledge is sold to pay off the loan, and any money left over is sent back to you straight away. 

 

Pawn loans are also affordable.  The typical UK pay day loan company charges anything from 25% per month upwards.  Compare that with Borro.com’s 4% - 6% per month on loans of £100 - £100,000 for 1 to 6 months. 

 

Fast cash at low rates is easy cash at online pawn shop, Borro.com – regardless of your credit status.  If you have appropriate collateral in the form of personal valuables such as gold, jewellery, art or antiques, you can contact Borro’s valuation team online about a collateral loan 24/7.  For a no risk, secured loan which is also a cheap, low interest rate loan, check out Borro.com.

UK Lender for the 21st Century

January 17, 2009 · Filed Under UK Loans, UK Pawnbroker, UK lender · Comment 

Looking for a UK lender on the internet is rather interesting, really, because you realise just how many people in the UK are in need of money. UK lenders are simply keeping up with a growing demand after all. Funny thing is the most popular UK lenders are small payday loan companies. Payday loan companies are quite expensive, it doesn’t make any sense to use a payday loan company because you only find yourself in more debt down the road and then of course, you risk ruining your credit because if, for whatever reason, you cannot pay back the payday loan on time, UK payday lenders typically report you to credit agencies.

Traditional UK lenders, such as banks and building societies have stopped lending money, period. Fat chance you’ll get any money from them. Well, what about doorstep loans? The kind you find in the local yellow pages… but UK doorstep lenders also charge outrageously high interest rates, sometimes higher than a payday loan and a bank loan put together! Then there are private UK lenders, but there is no telling how a  ’private loan’ from a shark will turn out. 

You can always turn to family for money or even a friend, but they aren’t actually the type of UK lenders you had in mind. What about a pawnshop? Surely you can find something in your jewellery box: a diamond ring, a watch… perhaps you can do without the luxury car for a few months and get a loan against your car! Well, that sounds just fabulous but the problem with local pawnbrokers is that their valuation system is outdated and they pay very little for your items. 

Which brings us to the best UK Lender for the 21st century. 

Borro.com 

UK Lender accepts your valuables as collateral

UK lender, Borro.com, is a collateral lender that provides no credit check loans to anyone who has valuables, such as jewellery, watches, art, antiques, memorabilia, luxury yachts, cars and personalised number plates to pledge as security for the loan.

Unlike other UK lenders, Borro.com advances collateral loans online to cover mortgage payments, as well as other short-term cash flow demands such as holidays and school fees.  Borro.com is the UK lender of choice for those seeking fast, easy, flexible and cheap loans with competitive interest rates.

Borro.com is the leading online pawnbroker in the UK lending sums from one hundred pounds to one hundred thousand pounds for periods of one to six months.  If you have a bad credit rating and live in the UK Borro will not refuse you a loan if you have appropriate security to pledge in the form of the personal valuables such as these.

Unlike many other UK lenders, Borro.com does not require a credit check, and should you have difficulty repaying the loan, Borro has no need to involve credit or debt-collecting agencies, county court judgements or bailiffs.

This is because pawnbrokers like Borro.com hold your security, and can sell it if you can’t make repayments in order to pay off the UK loan, interest and expenses, returning the balance to you.  Borro.com is unique among UK lenders as the world’s first online pawnbroker.  So, if you are looking for a UK lender, check out Borro.com online.

Easy Loan UK pawn loan among easiest loans to get online

One of the easiest forms of loan finance is a simple loan from an online pawnbroker.  But why do pawn brokers continue to be sources of easy-to-get loans, when banks are not?  Because loans from pawnbrokers are underwritten by pledges of personal assets from borrowers seeking loans that are hassle free, accessible, clear, and easy to manage.  

Managing a loan is easy with an online pawnbroker

The processes of negotiating a loan is simplified, quick, and more sensible than other types of loans provided by other UK lenders.  Borrowers fill in an easy loan application form which takes only minutes to complete and while waiting for an answer, borrowers can relax in the comfort of home because it’s all done from a PC.  Even the process of repaying the loan is painless. The entire process is managed online from start to finish using an easy to navigate, user-friendly interface.  

An online pawnbroker loan is more discreet than a high street pawnbroker

We’ve already explained how easy it is to get a loan from an online pawnbroker but how do online pawnbrokers compare to high street pawnbrokers? First of all, online pawnbrokers like us lend more money because of our advanced valuation system.  We lend up to 40% of an item second-hand value. That’s much more than any high street pawnbroker. Our loan rates are also the lowest in the pawnbroking industry so a loan is not only easy to get, it’s also cheaper.

Easy to get loans from Borro.com are smarter than a bank loan, building society loan or a doorstep loan.  These types of lenders cannot provide such easy loans as Borro.com, because of the time and effort they spend in credit checking those looking for immediate cash loans.  As a result, borrowers looking for easy loans get anything but a fast, discreet and credit check free service from these lenders.  

Apply now for easy loans online from Borro.com.

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