People often say to us, “I need money. Which is better for me, a bank or a pawnshop?” Depending on if you want a quick loan or a long-term process, the question has an easy answer.
At a pawnshop, you can get fast cash. You bring in the items you want to pawn, be it gold, jewelry, coins, etc., and the value of your valuables (a.k.a. collateral) sets the amount of the loan. It’s that simple.
Banks are different. They check credit. They allow one loan at a time. Banks won’t give small loans. And if you need a second loan while the first is still open, the bank says no.
Our family has served Chicagoland loan seekers for five generations. We’re not a bank but a licensed pawnbroker. At Gold Star Jewelry & Coin, we like to says “YES!” to fast cash loans.
We’re having a special this month giving a discount of 50% on your first month’s loan fees. Print the coupon which must be presented at time of transaction.