When you find yourself in need of some fast cash to cover your car payment, pay the rent, or keep the utilities on pawn shops are a great option for getting some cash fast. You can get immediate cash with no credit check.
A lot of people have preconceived notions about pawn shops and the big cinema doesn't help because they almost always show these shops as a seedy place for people to sell stolen items and such. But nothing can be further from the truth. Pawn shops are closely regulated and most are very clean and serve a genuine purpose in their local communities. You'll be surprised to find that the pawn shop industry has been around since Roman times.
A lot of people have preconceived notions about pawn shops and the big cinema doesn't help because they almost always show these shops as a seedy place for people to sell stolen items and such. But nothing can be further from the truth. Pawn shops are closely regulated and most are very clean and serve a genuine purpose in their local communities. You'll be surprised to find that the pawn shop industry has been around since Roman times.
A pawn shop will provide an immediate loan for collateral. So if you bring in something of value you can use it as collateral against your personal loan. Most pawn shops have a 30 day pawn with a set interest rate and some stores will work with you on the length of the loan. So for example you bring in a laptop computer and the pawn store gives you $100 for the laptop with a 30 day, 10% interest loan. That means that in 30 days or sooner you return to the store with the $100 you borrowed plus $10 for the 10% interest rate. You can get your computer back for a total of $110. That's not a bad deal.
The types of things you can pawn are pretty much anything. Some shops will accept larger items like cars and motorcycles, others may specialize in guns and others take a wide range of products. Most pawn shops will accept jewelry, electronics, tools, instruments and even leather jackets. If you have something that has some value and is in high demand on the market you can probably get a good loan for these items. If you go out to your garage you may find some tools that you don't use very often and can afford to be without them for 30 days.
There are some good Denver pawn shops that offer low interest rates like 10%, while others charge 20% so it is a good idea to shop around and find a shop that your comfortable with and offers a low interest rate.
The types of things you can pawn are pretty much anything. Some shops will accept larger items like cars and motorcycles, others may specialize in guns and others take a wide range of products. Most pawn shops will accept jewelry, electronics, tools, instruments and even leather jackets. If you have something that has some value and is in high demand on the market you can probably get a good loan for these items. If you go out to your garage you may find some tools that you don't use very often and can afford to be without them for 30 days.
There are some good Denver pawn shops that offer low interest rates like 10%, while others charge 20% so it is a good idea to shop around and find a shop that your comfortable with and offers a low interest rate.