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If you're looking to obtain short-term loans, you might want to think about borrowing against any jewellery, luxury watches and prestige cars you own. By doing so, you could get your hands on several thousand pounds. However, there are several factors you should take into consideration. The most important thing to think about is which pieces you would like to borrow against. You might be considering taking loved items to an online pawn company or visit the lender in person, but prior to doing this you should consider what would happen if you found yourself in a position where you could not keep up with repayments. If you are confident you will be able to meet this financial commitment there is nothing to stop you from trying to borrow against these, although it may be worth your while to first borrow against items that you are not emotionally attached to or no longer wear. It is possible to borrow against all kinds of valuable jewellery and watches - as well as fine art and classic cars - so depending on the items you have, there should be a number of options to access the money you need. After you have decided which valuables you would like to borrow against, you should get them assessed by an expert. However, it's a good idea to think about the factors pawn jewellery companies take into account when considering how much a piece is worth. The make and model of your valuables will effect how much their value, as will their condition. Whether it is a modern or vintage piece, dents and scratches on the surface can have an impact on how much money you can borrow. Generally speaking, pieces that are in perfect condition will have a higher value attached to them compared to those that have dents or scratches. Pawnbrokers will also tend to ask where and when you first bought the valuable and how much money you paid for it. Goods that have their original packaging usually have a bigger value, with watches that come with their box and papers typically worth more money. These are just some of the factors that experts take into account when establishing how much your valuables are worth, and depending on which lender you go with, you may be able to borrow as much as 70 per cent of its estimated value. However, there are other things you ought to think about besides the sum of money you are offered. If you are borrowing against something that has great financial or sentimental worth, you will want to know your valuables will be protected. A reputable lender should take great care in ensuring your items are safe while out of your possession, so you want to find out what security systems are in place in the storage facilities where your goods are kept for the duration of the loan. Similarly, you will want to be confident that you are being offered a fair price, so you may wish to check the credentials and experience of the company that you are borrowing against and whether its valuers have qualifications from organisations like the Gemmological Society of Great Britain. Take the above factors into account, and you can be sure of getting a good price when borrowing against your valuables, while dealing with a reputable lender that will look after your items. RESOURCE BOX If you're looking to pawn jewellery, make Borro.com your first port of call. As a leading pawn online company, by coming to us you can take out competitively-priced short-term loans against your valuables.
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pawn online, pawn jewellery, short-term loans,
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