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In life, there come numerous situations when a person may need instant cash money; for instance, a medical emergency, a wedding, for taking the family for a picnic or a tour etc. Let’s closely examine some simple ways of getting an instant cash loan.

In case, you require extra money, just look around your home. There would be more than $700 to $1500 worth of stuff in your home, storage room or box, garage etc. which may be simply accumulating dust. This can include toys, old clothes, tools, old jewellery, books, old tech stuff, never used small kitchen appliances, a bicycle, furniture etc. – well this may have given you the idea. The things that you don’t want, somebody else will need it. You’ll be astounded! So here are a few tips on how you can make money by selling your unnecessary stuff.

Buy Second hand goods

It’s simple to get an instant cash loan against your goods from a pawnbroker. Take your belongings to a pawnbroker and get quick cash. Belongings may include:

  • Mobile phones including Samsung Galaxy, iPhone and late model phones from Nokia, Sony etc.
  • Gaming systems e.g. play station, Xbox, Nintendo.
  • Late model laptop computers, iPad(s), Mac Book(s) & notebooks.
  • vQuality power tools.
  • iPod(s) and docking stations.
  • Guitars and other musical instruments.
  • Many other fascinating and remarkable items that include collectables, memorabilia and antiques.

So, visit the pawn shop right away taking with you the item(s) that you would like to pawn. Once you give the item(s) to the pawnshop, one of their representatives will evaluate the item and convey to you how much it is worth. If you agree with their assessment, they will prepare a contract agreement on which you need to sign and they will take your belongings and keep them in their possession and give you instant cash in your hand. Once you repay the money at the end of the loan term along with interest, you will get back the possession of your belonging. In case, you’re unable to pay back the amount and interest within the agreed timeline then the pawnshop will keep your belongings and sell it off so that they can recover the amount lend to you and its interest apart from the profit they will be making.

You can also sell gold jewellery or scrap gold to a pawnbroker for instant cash money. Pawnshop facilitates you to easily sell your scrap gold or broken gold or old jewellery that is outdated and provide you instant cash.

The process is simple –

  • You need to visit the pawnshop with your goods.
  • Get your goods evaluated.
  • Furnish the relevant identity proof.
  • Sign on the contract and receive your cash on the spot.

Here, two things have to be summed up –

  • Pawning is a good idea if you have valuable assets, which you don’t use often and when in need of instant cash, you can pawn them so that you have the opportunity to get them back at the expiry after paying the amount and interest so you don’t end up losing your item.
  • If you have valuables but they can’t be used such as broken jewellery then you can sell such items to a pawnbroker. You will not only get rid of the item but you will get decent money for them.

Thus, pawnshops are beneficial as they help us when we are really in need of urgent money so that we can fulfil the responsibilities at hand and nobody can loan money as quickly as pawnbrokers so their services are of great help.