There’s an old saying – Desperate Times Call for Desperate Measures!
Keeping this in mind, many people who’re in need of quick cash are looking to trade their luxury and expensive designer bag as collateral to notable pawn stores or online luxury retailers.
The whole point of this is to secure immediate cash loans in super-quick time for their needs whenever necessary and then accumulating the cash bit by bit within the broker-pawning agreement to clear it off and redeem their pricey item.
It is one popular modus operandi that many look forward to in their times of urgent need. And if you are looking get a loan on my designer bag, then this post will educate you on everything you need to know!
So, follow closely!
The Process Of Securing Cash Loan On Your Designer Bag – How It Works?
STEP 1 – Visit Your Chosen Notable Pawn Shop Secure Office
The first and foremost step is to sort out a reputed pawn shop in your area based on their legitimacy, presence of business license, and customer reviews. Once found, take your designer bag to your chosen pawn shop and start the trading process in complete privacy!
STEP 2 – Getting an Appraisal by Expert Pawn Brokers of That Store
The second step is getting a thorough appraisal by your chosen pawn broker. They will inspect the condition of your designer handbag to determine its true value. You shouldn’t mind this at all, simply because it something your pawn broker does for the sake of your sanity and peace of mind.
STEP 3 – Get Instant Cash Loans on the Spot in Exchange of Your Luxury Handbag
After the appraisal is done by the expert pawn brokers of that office, they will calculate the exact value of the bag and accordingly share details of the loan amount. If their cash loan amount is acceptable to you, then you need to share your ID details with the broker, and after inspecting it, they will give you the cash loan immediately.
Along with that, the respective broker will also notify you every month about your due repayment through a text message.
More often than not, the instant cash loan will be on a monthly basis, meaning you will have to clear off the monthly dues to extend the loan period to another month further. All you have to do is clear off the principal amount whenever you are ready, and that will be good enough!
The good news for you all is that you have the freedom to extend the loan period for as long as you require the money- provided you clear off the monthly due on a timely basis.
Another aspect is that precious items which are over Au$1,000 are usually stored at a bank for security purposes. So, if your current loan amount measures more than Au$ 1,000, then you should make it a point to inform the pawn broker at least 24 hours prior to your collection!
However, if for some reason you find it difficult to pay off the monthly principal amount, then you can speak to your concerned pawn broker. They will most certainly do whatever is in their power to help you out.
So, Want To Get A Loan On My Designer Bag…? Use The Details Above And Find A Reputed Pawn Store Near You.