With record-high unemployment, it is no wonder that many people need a loan to get through these trying times. Unfortunately, it can be very difficult to get a loan without a job. In fact, some people think it is impossible. The good news is that it is entirely possible to get a loan without a job – even if you have bad credit. Keep reading to learn about it or just stop by South Bay Jewelry & Loan or call us at (310) 371-4571 to get started.
Pawn Shops Offer Pawn Loans for Nearly Everyone
If you have not looked into a pawn loan, then you will be glad to find that it is just what you are looking for. Pawnshops (and pawn loans) have been around for centuries – and in fact, they used to be a resource for kings and queens in pre-War England. While it is true that pawnshops are a great place to get a good deal and sell items you don’t need, it’s an equally great place to a loan.
The Pawn Loan Process is Fairly Simple
If you want to get a loan from a pawn shop, start by considering what you have of value that can be put down as collateral. Take that item to the pawnshop and find out how much you can get for it. We will then give you cash and you will give us the item. You will have a certain amount of time to pay back the loan. If you pay it off then you get your item back. If not, then it will be put up for sale.
There Are Serious Benefits to the Pawn Loan Process
First of all, there is no credit check. Why? Because we are not interested in whether or not you are creditworthy. The worst thing that can happen on our end is that you will not pay the loan off – and then we will simply sell it to get our money back. Due to this security, we are also able to charge you a much lower interest rate than you would expect from other places that offer loans – though none of those places (payday loans, etc.) are likely to even offer a loan if you do not have a job.
How to Get the Best Price for Your Items
Whatever you are bringing to pawn, make sure you get it as clean as you can. If you have any documentation, the original packaging, or anything else that can authenticate it or increase the value, bring that too. The more information we have, the better price we can offer. If you have questions, just stop by South Bay Jewelry & Loan or call us at (310) 371-4571.