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A Beginner’s Guide to Understanding Online Pawn

A Beginner’s Guide to Understanding Online Pawn

If you are looking to get quick funding to help you with your financial needs but you’re not sure where to start, you might want to consider online pawn loans.

Pawning, or personal loans with collateral, are among the oldest, most basic ways to get money, yet many people don’t understand them or realize their benefits. Here’s how the process works.

  • You bring in a valuable or asset to a pawn shop and based on its value, you are offered a collateral loan.
  • If you accept it, the asset is used as collateral until the loan is paid off in full.
  • Once the pawn loan is paid off, you get your collateral back.

At Pawngo, we’ve digitized the process and you work with us online, rather than in person. We offer pawn loans online to people around the country. To date (seven years strong) we’ve helped literally thousands of individuals, families and small businesses when they have needed quick cash. The feedback we get from our customers over and over again is that our online pawn shop and asset based lending services are fast, convenient and much easier to use than other options. We’ve worked with people who are discovering pawn for the first time so if you are a beginner, we can definitely answer all of your questions.

With Pawngo and pawn loans online, there’s no lengthy waiting time to get the funding you need or any hassles with financial disclosures or having to chase down excessive paperwork. The process is also safe and quick, and you can do it from your home. You apply and send your information about your asset directly to us online on our website. We then get back to you with an estimate based on your valuable and a collateral loan offer. Once you’re reviewed the offer and if you accept it, we provide you with a prepaid FedEx label to ship the item to us and you can get your funding within 24 hours after acceptance of the offer. The item is kept safe with Pawngo, insured and stored during the loan process.
Once you pay off your collateral loan, the item is shipped back to you.

Pawngo is also willing to work with you on the length of your collateral loan, number of payments you’ll make and payment options using direct debit. We’re upfront about all the costs, which are already built into your payments.

We like to get to know our customers and help them throughout the whole pawn loan process. Getting started with us is straightforward and we can answer your questions.

Assets we accept include jewelry, loose diamonds, luxury watches, precious metals, Apple computers and products, cameras and equipment, musical instruments and designer handbags (or other items of value that can easily be shipped in a FedEx box).

The benefits to working with us at Pawngo include confidentiality, no credit check, and no need to have to take your valuables to a physical pawn shop location.

To check us out or to learn more about online pawn loans, visit Pawngo at // or call 1-866-499-2363.

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