Get Short Term Loan against the Classic and Prestige Brands of Cars

Oftentimes, it is said that one should keep the income and expenses even. But, who knows the future course of time and its impact on your finances? It is quite common to see that a man, who has a family to support, get perished in times of urgent needs because of irregular income and unruly expenses.

Pawning is a great source of revenue under such circumstances. In spite of the bad credit history, you can secure short term loan from the pawn shops. In the modern times, pawning has become flexible and being trusted globally.

Pawn your car to generate quick money

So, what are the options available to you at the pawn shop? Pawning jewellery, gold coins, bullion, antique pieces and other assets is common in the present times. But, most people prefer to put their cars as collateral in return of handsome amount of money.

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The pawn shops do not check your credit history and promises to transact money to your bank account within the 24 hours of going into the deal. Pawning your car does not mean that you have sold it to the pawn shop; you have all the right to buy back the car after repaying the loan amount with added interest.

You are assured that loan will be granted in quick time, without having to worry about the safety. Of late, certain pawn shops have reduced the interest rates, so you can hope for a cheaper loan.

If you own certain classic and prestige marquee brands like Aston Martin, BMW, Jaguar, Porsche, Ferrari and Bentley, pawn shops can offer you a loan up to £500 to £250,000 against these mainstream brands.

You can also sell off the car to pawn shops. If you no more want to own the car and wish to sell it, there are some pawn shops offering a reasonably better price than online car buyers.

However, before you use your car to raise money, must look for the features and services being offered by the pawn shop. Here are a few features that some of the online pawn shops have to offer.

• Quick and reliable valuation process. You can do it either online, on phone or in person

• You can sell off the car or get short term loan against it

• Up to 2.95 to 4.75 percent interest rates to be charged

• No credit checks

• Transaction within 24 hours

• No early repayment charges

There are a few pawn shops offering up to 20 percent more than the others in the market.

So, what are you waiting for? If you are in financial crunch and do not have a way out, pawn shops can provide you the financial freedom.

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