Our interest rate is 3 per month or 36 apr when clients borrow 30 50 of the liquid wholesale value of their pledged collateral.
Borrow money against jewelry.
That s because real estate land jewelry and other types of personal property can be seized and then sold by the bank if you default on the loan.
Asset loans are perfect for individuals and businesses that need immediate funds.
When you borrow against gold at diamond banc you receive cash in exchange for your item.
Pawnbrokers borrow cash against your jewellery.
After you submit your loan application and transfer adequate precious metals collateral into your money metals depository account cash funding of your loan can usually occur within 48 hours.
If you need money you can spend instead of tying your wealth up in a gold bar come to diamond banc.
Instead of going to a bank which usually has specific requirements you can get cash by borrowing money against your assets.
Our plans are flexible with a minimum repayment period of 61 days and a maximum repayment period of 5 years.
Once you pay back the loan the gold is yours again.
Why you can t borrow against your structured settlement.
Typically an individual can pledge real or personal property as collateral for a loan from a bank.
Dedicated jewelry lenders and even banks may accept your jewelry as collateral and make you a.
Your assets are taken as surety and safely stored.
Gold also has the benefit of high demand and an inherent worth.
If you need to get money relatively quickly taking out a loan secured by jewelry could be an option.
Indian families sitting on the world s biggest private stash of gold are rushing to borrow against their jewelry as the precious metal rallies to records and the coronavirus pandemic fuels an.
While pawn shops are one of the best known ways to get money out of your valuable assets they aren t the only ones.
Prestige pawnbrokers provides loans against your jewellery watches gold cars and logbooks art designer handbags antiques fine wine cherished plates rare stamps coins rare books other collectables.
The loan can be secured by various assets including vehicles jewellery and other assets.
Diamond banc offers the best jewelry backed loans in the nation.
Borrowing money against your jewellery.
Silver loans and loans against other precious metals enjoy the same high advance rate as do our gold loans.
Along with the valuation you provide the weight of the precious metal and the quality and quantity of any precious stones will determine how our experts value the jewellery and therefore the value of the short term loan against your jewellery we can offer.