Short Term Loans - What Are Your Options?
Short Term Loans - What Are Your Options?
A number of recent articles on the web report that many are complaining of lack of bank credit, and say they have no alternative to pay day loans.
However, anyone who has valuables to pledge as security for a loan, always has other options – which can often be more flexible, and cheaper!
If you need money for gold, silver or diamonds, you don’t need to sell them when you can get a loan against them. Borro.com, the world’s first online pawnbroker, advances cash for jewellery and money for gold and all other kinds of personal valuables.
Loans of £100 - £100,000 for 1 – 6 months (extendable by mutual agreement) are always available from Borro.com. Compare interest rates with alternative lenders, such as pay day loan companies. They often charge 25% upwards per month, and only lend small amounts for small periods. Other so-called short term loan providers invariably involve credit checks, intrusive questions and bureaucratic delays – and then often say “no”.
Borro.com, the world’s first online pawnbroker, has made the business of getting a short term loan much more discreet, convenient, affordable and fast! Loans are often transferred electronically, into any UK bank account the borrower wishes to nominate. It’s all done at home, on your pc, and all goods are shipped by pre-paid, fully insured courier.
It’s easy, fast and low rates with Borro.com. Whether it’s a student loan, debt consolidation loan, car loan, home loan, or any other form of personal loan, a Borro loan is a cheap, no risk loan.
If you need money for jewellery, gold, silver, diamonds, art or antiques, you don’t need to sell antiques, art or any other personal valuables. Use them as security for a Borro loan, and get money for diamonds, or cash for antiques online.
For an instant secured loan or low interest rate loan, check out online pawn shop, Borro.com. Collateral loans from short term loan provider are always available via Borro.com – or phone us, free, today on 0800 756 9877.
Get cash for diamonds with secured short term loan
Get an immediate secured cash loan against your diamonds from Borro.com. It’s cheap, flexible, easy and fast! – because it’s all done online, via your pc in the privacy and comfort of your home. Borro.com will pick up your pledge by fully insured courier, and transfer your money electronically, directly into your bank account.
Pledge loans of £100 - £100,000 for 1 to 6 months are available, regardless of credit score. Interest rates are 4% - 6% (UK pay day loan companies typically charge 25% up!).
From banana republic, betsey johnson, brighton and bulgari – to john hardy, judith jack, judith ripka or juicy couture – get online to Borro.com and ask what kind of collateral loan you might raise. Whether it’s a single diamond or a cluster of diamonds, online UK pawnbroker, Borro.com, offers the most competitive collateral loans – for any purpose whatsoever – UK short term loans, UK personal loans, car loans, home loans, student loans, debt consolidation loans – how you manage your finances is entirely your own business.
You can pay off your cheap short term loans from Borro.com any time you wish, paying interest only for the period you actually use the loan – with absolutely no early settlement charges. Quick decision loans from Borro.com are no risk loans – no debt collectors, no court actions, no bailiffs, no repossessions – ever! Even if you decide not to extend or pay off the loan, the worst that can happen is that your diamonds will be sold to pay off the loan, interest and expenses, with any cash left over being returned to you immediately.
Cash for diamonds, cash for other jewellery and cash for gold are available to all at Borro.com. Whether you are a high net worth individual fed up dealing with intrusive, bureaucratic and credit-crunched banks, or whether your credit rating is poor, and you need a debt consolidation loan, you will find a level playing field at Borro.com.
Anyone can get a fast, easy and cheap loan at Borro.com. Loans against gold, loans against jewellery, loans against diamonds – all are equally possible. Whether you have black diamonds, loose diamonds or even the Hope Diamond, Borro.com will discuss it with you. Trying to get a loan against King Diamond, Neil Diamond or Pokemon Diamond Cheats might be a bit more difficult! But if it’s Cartier, Chanel, Chico’s, Chopard or Christian Dior – get online to Borro.com.
Low interest short term loans for UK residents
Looking for a low interest short term loan and live in the UK? The easiest and fastest way to get a low cost loan in the UK is with a pawnbroker.
The most discreet method of negotiating a UK low interest, short term loan is via an online pawnbroker
Low interest rate, short term loans from Borro.com are extremely flexible, with short term loans ranging from as little as one hundred pounds to as much as one hundred thousand pounds and ranging for periods between one to six months. A short term loan can be secured for a very low cost by lodging your personal valuables such as jewellery, watches, art and antiques as security. These type of Low cost short term loans are collateral loans and the collateral you use against the loans is the main reason why they are inexpensive.
With a low interest short term loan like this, you retain maximum confidentiality as no credit check is involved in arranging such a low interest short term loan, and you know exactly where you stand regarding this short term loan, as there are no credit or debt-collecting agencies, county courts or bailiffs involved should you not be able to pay off your low interest short term loan.
Compare the cost of a low interest short term loan from Borro.com with other online and doorstep providers, such as payday loan and cheque cashing companies, and also with the cost of unauthorised overdrafts - and then compare the negative financial and legal effects of failure to pay back a low interest short term loan to a bank (if you can actually get one).
It makes sense to apply online to Borro.com for a low interest short term loan.
Secured short term UK loans for 2009
An ideal secured short term loan for 2009
Secured loans are typically secured against property, and are typically second mortgages. While some short term lenders may advertise these types of loans as short term loans, the payback periods are usually quoted in years. So, if you are looking for short term loans, and your idea of short term is for a period of less than one year, you might be disappointed with what is currently on offer.
The exceptions are short term loans from pawnbrokers
Unlike property-oriented short term loans, pawnbroker loans can truly be considered as short term loans, typically in a range between 1 and 6 months. Unlike property-oriented short term loans, pawnbroker short term loans are not secured with property, but with other personal valuables such as jewellery, watches and other personal assets. In addition to the truly short payback terms, pawnbroker loans have other great advantages over what is commonly termed as “secured” short term loans.
Pawn broker short term loans do not involve any credit checking whatsoever
Short term loans from a pawnbroker are safe because short term loans from a pawnbroker can never damage your credit rating, even if you choose not to pay off short term loans of this type. Even if the pawnbroker sells pledges to repay overdue short term loans, credit checking agencies are never informed about these loan defaults. And for similar reasons, no-one is ever visited by bailiffs or debt-collectors with regard to short term loans from pawnbrokers, whereas short term loans from other types of secured loan companies which go into default invariably involve credit checking and debt-collection agencies, court judgements and seizure of assets, which sometimes may involve your home.
Smart Small short term loans
Need a small, short term loan?
Borro’s small short term loans are the smartest small cash loans online. Loans start at £100 for 1 – 6 months. As the UK’s no.1 online pawnbroker, Borro’s risks are lowered when you temporarily lodge your valuables in order to secure a small short term loan.
A secured small short term loan that is quick and cheaper than a payday loan
Compare interest rates and you will find that Borro’s small short term loans cost less than a UK payday loan. Unlike UK payday loan companies, your credit is safe with Borro because we never report to credit agencies.
Borro small cash loans are the best short term loans in the UK, because Borro offers not just lower cost loans, but also more flexible loans than on-line payday loan companies. Short term payday loans often have to be paid back within weeks, and maximum loan amounts are often limited.
Borro small cash loans are higher and the lending period is from 1-6 months which means you don’t have to pay back the loan on payday, in fact, you can pay back the loan at any time during the loan period and you only pay for the loan period you actually usey.
Whether you borrow £100 or £100,000 from Borro, you can count on getting the best deal on a small short term loan. But don’t take our word for it. More than 85% of Borro’s customers repay their small short term loans and reclaim their valuables within the loan period, and they frequently want further small short term loans from Borro.
Get smart. Apply for a small short term loan today!
Business loans for UK small business owners
Looking for a business loan?
What about a short term business loan from Borro.com? Borro advances business loans against assets pledged to secure the loan. Business and personal assets such as jewellery, gold, diamonds, and other valuables can be used to secure a short term business loan of £100 to £100,000 for periods of up to six months.
A pawn loan may seem an unconventional way of raising a small business loan or business start up loan - but it is exactly what Gordon Brown and Alistair Darling are planning to do on a larger scale. They are planning to provide banks with short term government business loans secured by the banks’ assets.
The big advantage that a Borro business loan has over an unsecured business loan is that no credit checking is involved, and your business won’t run the risk of bad credit ratings. A Borro business loan will not get out of control in the same way that an unsecured loan or unauthorised overdraft might.
So if you are looking for a new business loan, whether it’s a small business loan, or a commercial business loan, have a look at Borro.com and see what kind of business loan is on offer. If you have assets that you might pledge as security for a business start up loan, get in touch with Borro.com via their website, and find out what kind of a business loan you can raise and what their business loan interest rates are.
Apply for a business loan today!
Secured Loans: Borrow money using your valuables as security
Applying for a secured loan can be tough, however if you need to borrow money, secured loans can provide a quick, low cost solution. Secured loans give a loan company temporary possession of your valuables as security against a loan. Secured loans reduce the loan company’s risk, and result in lower interest rates and lower costs. Mortgages are secured loans, but people don’t literally hand over their houses in order to get loan approval. Instead, they sign a loan contract saying lenders will seize the property if payments for the secured loans are not met. Pawnbroking agreements, however, extend easy secured loans in exchange for temporary ownership of valuables pledged as security for a short term loan.
Pawnbroking often suffers from an outdated 19th century image. The reality is that secured loans offered by UK pawnbrokers are an increasingly acceptable solution to those seeking short term loans or secured cash loans. Even high net worth individuals are finding that short term secured loans are the perfect solution for the recent and unexpected rise in mortgage payments and other expenses. Borro.com is the first on-line short term secured loan company to provide a truly end-to-end loans service. If you wish to apply for a secured loan in the UK, check out Borro.com. Borro provides short term secured loans for consumers with any credit rating - good, bad or zero. Borro’s secured loans offer competitive low interest rates and are significantly cheaper compared with payday loan companies and other similar lenders, and they extend secured UK loans to UK citizens of Scotland, England, Wales & Northern Ireland.
Apply for a short term secured loan with Borro and experience the difference
Borro.com - a ground-breaking online, short-term loan service, launched today
BORRO offers a fast, convenient, lower cost and responsible new alternative
- ‘BORRO’ (www.BORRO.com) launches as the world’s first online service offering customers short term loans through the temporary release of equity from personal assets such as jewelry, watches, gold, gemstones, memorabilia and other valuables. BORRO provides a fast, convenient and responsible solution when traditional sources (credit cards, personal loans and overdrafts) are unavailable or are already fully utilized.
BORRO offers a lower cost solution compared to the charges incurred in using alternatives such as an unapproved overdraft, or a ‘payday loan’. In addition there are no credit checks or risks, and no bad debt risks. The loan can be paid off whenever the customer chooses during the six month term of the contract and the valuables they pledged are then returned.
BORRO will lend up to 40% of the value of items pledged and charges interest at 6% per month (4% or less for loans of £1,000 or more). There are no other fees or charges of any kind. Loans of between £100 and £100,000 are available. Over 85% of customers taking out this kind of loan repay their loan and redeem their valuables.
Paul Aitken, Founder and CEO of BORRO said, “We allow people to lend themselves money through the temporary release of equity from their personal assets – all from the comfort and convenience of their own home. Our approach allows us to keep our interest rates extremely competitive, ensuring that we offer radically better value than an unplanned overdraft or a payday loan.
The added benefit of our service is that our customers have no risk of accumulating bad debts. If they can’t or choose not to repay their loan, BORRO sells the items they have pledged to repay the loan and returns any excess proceeds to the customer. This means that the consequences of not paying off a loan are very clear - and that it is impossible for our customers to build up any bad debt through taking out a BORRO loan.
We are proud of this innovative and radically better-value solution that we have created for people with a short term cash need”
BORRO has already gained a number of customers through the pre-launch test of its service. These customers have shown that the concept is very appealing and that the service works well.
BORRO is backed financially by the European Founders Fund which is also invested in businesses such as Facebook and Linkedin and has previously founded and sold companies to eBay and Verisign.
The launch of BORRO in the UK is the first of an intended international roll-out of the business, to include other European countries and the U.S.A.
Apply for your Secured Loan Today!
