Instead of Pawning Your Items Get Pawn Cash Loans for Emergency Cash

Life happens, and emergency money problems can pop up at any time. The car might break down and need to be repaired. You could have an unexpected medical bill you have to pay. You may have been laid off from your job and might be waiting for unemployment to start.

No matter the reason, there is a fast, easy, and hassle-free method to get cash quickly: pawn cash loans. These types of loans can be had when you take items of value to your local GEM Pawnbrokers and use them as collateral to get a cash loan.

woman showing dollar notes

Benefits of Pawn Cash Loans

There are several benefits of getting a pawn cash loan at GEM Pawnbrokers when you want to eventually get your items back, including:

  • No Credit Needed: You can get a loan today, no matter your credit.
  • No Monthly Payments: You have four months to pay off your loan and can make monthly payments or one lump sum payment.
  • Lowest Pawn Loan Interest Rate: Our interest rate is just 4% per month!
  • Instant Cash Today: You can walk out with your cash today.
  • Highest Price Loans: We offer the highest prices when valuing your items.
  • Friendly Expert Staff: We understand life can be challenging and offer support with our pawn loans to help get you through this tough time.
  • 24 Locations in NYC/Long Island: We have pawnshops all throughout NYC and Long Island for easy access.
  • Over 70 Years in Business: Our customers trust us, which is why we have been around for so long.
  • GIA (Gemological Institute of America) and JA (Jewelers of America) Certified Staff: Our staff has these certifications, which makes them experts at valuing your jewelry, watches, diamonds, gold, and silver.
  • Instant Cash Loans up to $1,000: We offer one of the highest pawn loan cash amounts so you can easily get emergency cash when you need it most.

Selling or Pawning: Pros and Cons

Pawning Pros:

  • Quickly get rid of unwanted items that have value.
  • You have fast access to cash.
  • There’s no loan to repay.

Pawning Cons:

  • You give up your items for cash.
  • You can have as many loans at the same time as you please, even if another loan is in default (as long as you have the collateral!).

Selling Pros:

  • You have fast access to cash.
  • You receive immediate cash instead of having to wait for an item to sell online.
  • You can get your items back when you pay off your loan.
  • There’s a much lower interest rate compared to payday/cash advance loans.
  • There’s a longer repayment period compared to payday/cash advance loans.
  • You can get a loan anytime you need one, no matter your credit.

Selling Cons:

  • You have to pay off the loan or lose your items.
  • You may not be able to get a new loan until your current loan is paid off.
dollar notes and tablet

What Items Can I Use to Get a Pawn Cash Loan?

You can use any item that has value, such as:

  • Jewelry
  • Watches
  • Gold
  • Silver
  • Diamonds
  • Gemstones
  • Unused or Partially Used Gift Cards
  • Electronics
  • Gaming Systems, and MORE!

To learn more about pawn loans or to find pawn shops that do loans near you, please feel free to stop by your nearest GEM Pawnbrokers location in NYC or Long Island or call us at 718-596-5626 today!

The post Instead of Pawning Your Items Get Pawn Cash Loans for Emergency Cash appeared first on Gem Pawn Brokers.