Are you one of those who is in awful need of money but unable to fulfill your dreams due to a poor credit history? Every day, there are about thousands of people who require short-term loans that are not given by traditional lenders or banks. In the case of banks, the entire process of application, approval, and funding is a time taking process. Due to all these reasons people nowadays turn to quick online loans that provide cash in just a few minutes. A pawn loan is such a type of loan that you can avail online against any of your luxury assets. Pawngo is one such pawn loan company based in the US that can rescue you from such situations.
About the company
Pawngo is the world’s first ever online pawn store that started in 2011. Today, it has grown to be one of the biggest service providers and serves the need of the clients in 50 states. Be it individuals or business houses, Pawngo lends cash their luxury assets which they either take up as a security deposit against the loan or purchases them. So, this fast-growing lender site has been ruling the market for last seven years and helping out people to meet their cash needs. It provides you a loan in between a range of 500 to 5,000,000 dollars. Their online application process is very discreet and convenient that allows the customers to obtain fast cash. The process is transparent and secure. The assets they accept are luxury watches, jewelry, Apple products, diamonds, gold and other precious metals, designer handbags and accessories, luxury cars, fine art, and collectibles, regular and high-end musical equipment.
How the process works
As already mentioned there are two ways you can get a loan from these sites. Either, you keep your luxury asset as a security deposit or you sell the same. Mentioned below is the simple process of how the online pawn loan store works:
- The first case – You need to complete a short application. They send an initial offer, based on that you ship your luxury asset to them free of cost. Then the asset is evaluated and you are offered a final order. Once you accept the offer, you are given the money. You can then pay them back monthly and claim your asset back.
- In the second case – All the steps remain the same except for the fact that here you sell the item and don’t claim it back.
Why choose Pawngo
There are several reasons why you should go for the online pawn store, Pawngo like:
- Speed – Their procedure is very simple and you get the cash in your hand within 24 hours of your application being accepted with minimum paperwork.
- If your credit lines are maxed – In such cases you need to get a deal done and Pawngo can help you in this regard with the fund.
- Credit history – When your debt-income ratio is taxed, the Pawngo is the perfect place you should seek help. They give you a loan against your asset and thus you don’t need to further risk your financial status.