Wednesday 22 May 2013

Now you don’t have to Sell your Watch for Instant Cash, Pawn it

Financial crises can be of various types but one thing is common, they all come unannounced. Someone in the family can fall ill or meet with an accident; a family member may lose a job, tuition fees at college might increase without notice, you may be robbed and many other situations can arise. During such times, government or private loans may take too much time to be sanctioned and with soaring crime rates people hardly keep liquid cash in hand.

Most of us, invest all our money in valuables like gold, luxury cars, real estate and jewellery. However, the money invested in these assets cannot be encashed in a jiffy. To convert these assets to liquid cash, you will have to sell them which will result in huge losses. However, now you have an option to pawn your valuables online and get money in return. It is as simple as that. It is basically a short term loan against valuables.

Image Source: bit.ly/193W2uH
If you like buying watches and have a huge collection of them, you can now pawn watches online to get instant cash. The cash is transferred to your account on the very same day you hand over your branded watch. The watch you pawn is sent for a valuation test where the market value of the watch is evaluated. These online pawn brokers give you highly competitive prices for your watches; moreover, you do not have to sell your watch. You just have to part with it till you can pay off your loan.

These online pawn shops also give you the option of buying back your watch before the loan term is over. What more could one ask for? You get a short term loan, cash is transferred to your account on the very same day and you do not even have to sell your watch for it. These transactions are carried off as discreetly as possible and the watch you take the loan against is kept very safely till you buy it back or pay off the loan. However, if you can’t afford to buy back your watch, these online pawn shops will help you sell it off to repay your loan. These loans are short term and therefore do not carry on for years where you have to keep paying instalments every month. The online pawn shops also take care of your valuables when they are in their custody. So you don’t have to worry about your watch getting damaged.

                                 Watch That Comes to Your Rescue by rayloan

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