Saturday, April 13, 2019

Payday Loans Verses Collateral Loans Oceanside
Payday loans are short term, usually a couple of weeks. Most often available through payday lenders operating out of storefronts, as well as online. They are convenient for people who need fast cash. The expedience of this type of borrowing can be completed in a matter of minutes. However, these lenders will verify your income and a bank checking account to determine your ability to repay. By obtaining your banks routing and account number, they are able to simply deduct the money from your account at the final of the terms. This has been known to put people who are unable to pay on time in the rears.

An alternative would be a collateral loan form a pawnbroker. Unlike the latter, a pawn advance can be a quick way to borrow money since it doesn’t involve a credit check or application process. Your cash in hand is based on the value of the item you pawn. For example, if you own a brand guitar, you may bring it to a pawn shop so that a pawn broker can figure out its value, therefore giving you a loan for the amount of the appraised value of the guitar.

Learn more here!

Friday, March 29, 2019

How Do Gold And Silver Rate in Oceanside Relatively speaking, gold is a safe asset which traditionally does well in times of political uncertainty, and remains a valuable potential investment. However, gold prices have largely struggled recently as the market has had to readjust its expectations of Federal Reserve policies and. According to a J.P. Morgan Research team, the Fed hiked its benchmark interest rate inevitably, including the anticipation for economic growth this year and next. Many could for see the central bank raising the fed funds rate to a range between 2% and 2.25%.

Gold can be sensitive to higher interest rates due to a rise in rates that tend to boost the dollars value, therefore, making gold more expensive for buyers with other currencies. However, higher rates also lift U.S. bond yields, discouraging the attraction of non-yielding gold. The dollar had a rough 2017, falling almost 10% against a myriad of major currencies. For this reason, many analysts have predicted a continued decline for the dollar.

In times of uncertainty, Gems N' Loans in Oceanside, has been offering fair trade value on sales of gold bars and silver coins. These precious metals are the perfect asset during times of economic crisis or potential crash. Never hesitate to start or expand on your financial portfolio.

Wednesday, March 6, 2019

Payday Loans Don't Grow on Trees
When people refer to money growing on trees, it means that money is something that must be earned and that it is not easy to acquire, even through a payday advance. Why? Well, for starters these types of loans are available if you have bad credit and an emergency expense is presented to you.These could be viable short term solutions for financial problems. However, you end up repaying a percentage of the loan each month, while interest accrues according to an annual percentage rate. With credit cards, this APR is typically under 20 percent. A payday loan, on the other hand, comes with interest that averages to 300% when calculated as APR.

Another safer alternative theta is realistic and won't create a revolving door of debt is a pawnshop. These types of collateral loans can appeal to consumers who can’t qualify for a conventional loans also. They may cost less than the penalty for being late with other types of loan terms. There isn't any legal requirement to repay, therefore, your credit scores won’t suffer if you don’t repay the loan, and you only risk losing the article of value you exchanged as collateral.

Learn more about pawn loans here!

Wednesday, January 30, 2019

Alternative Payday Loan Oceanside
When seeking an alternative financing option, the key point to look out for, are the terms and interest rates. While short term payday loans require a paycheck and bank access, they can also provide the expedience desired in desperate times. This seems fine until the borrower is unable to cover the next paycheck deduction deficit. It often creates what referred to as revolving door scenario.

This doesn't mean there aren't alternative methods available for those that might need a close to risk free advance. While collateral lending is nothing new and has been around for at least 3000 years, it in modern times has become a transparent means of getting a cash loan in Oceanside and surrounding areas.

Gems N' Loans offers a model that only requires an article of value in exchange for the cash to borrow. The least desirable scenario would be losing the valued item, should the loan not get repaid. However, this leaves your following paycheck unscathed, and a larger window of time to pay back the debt. With interest rates as low as 2%, it is an opportunity to avoid perpetual debt cycles.

Wednesday, December 12, 2018

Oceanside's Best Check Cashing Pay-day Alternative
Are payday loans an expensive trap? Will I be robbing Peter to pay Paul? In other words trying not to make a desperate move to fix a financial problem, something that often makes it worse.

Payday loans are essentially an advance against your next paycheck. You give the payday lender your pay stub as proof of income and tell them how much you want to borrow. They will then give you a loan for that amount, where you are expected to repay when receiving your next paycheck.

A great advantage of a pawn shop loan is that it is easy. You are simply going to have to take something in that you can use for collateral and fill out some paperwork. The pawn broker is then going to give you a receipt that has the terms of the loan on it.

Another positive factor is that Gems N' Loans Oceanside  are not going to check your credit. This is a type of in house loan that does not depend on your credit history.

The loan is secured completely by the collateral that you provide to the pawn shop. Therefore, the lender is not really concerned with whether you default on the loan or not.

Wednesday, November 28, 2018

Pawnbrokers Report Increase in Retail Sales but Eye Online Competition
The NPA announced today the results of the NPA 2017 Trend Survey. The survey, which was conducted in early 2018, focuses on industry trends as reported by pawnbroker members of the NPA for the 2017 calendar year. The NPA has compiled survey results since 2013 to explore long range trends and their implications.

Pawnshops are always trying to innovate and keep up with current trends. With retail growth is on the up, pawnbrokers are cautious of the future due to the success and rapid proliferation of competing online retail operations, such as Amazon, Google Ads, Facebook Marketplace, and eBay. 

Collateral pawn loans are the core of a pawnbroker’s business,and continue to successfully offer a platform from where borrowers can visit a brick and mortar location for a one on one experience. Gems N' Loans in southern California offers locations to the North County San Diego, Temecula and Orange County.

Monday, October 1, 2018

What Your Mothers Rings and Diamond Jewelry Have in Common

Often times we are looking for some change or we seek style out of necessity. Buy a wedding rings from a jeweler in Oceanside a can often get expensive, especially when you seek the style and look that include diamonds.

Heirloom jewelry might not always fit the style you are looking for, however, more often than ever it can include diamonds for re-purposing or design the ideal ring for your engagement or wedding vows. Just because the design is out dated, it doesn't mean the diamonds go bad or can't be polished and set all over.

Gems N' Loans in Oceanside can find the commonality between your mothers old  rings and the diamonds of the present and future! Whether you seek the decorative detail of Art Nouveau or Rococo, you can always find modern design from their master jewelers as well.