There may come a point in our lives when we need a lot of money in very little time. It could be anything from a medical emergency to urgent house repair. Needing cash in a hurry can be extremely overwhelming.
However, the answers to your troubles might be sitting right in your very own home or garage! We are talking about the valuable items that you might have in your possession, which you could use as security on a Pawn Loan in Sydney.
But what kind of items can you pawn? How do you even know which item will fetch you the most money, especially if you have never pawned anything before?
Well, don’t worry! Here are four items that you could pawn for thousands of dollars.
If your car is something that you can live without for a short period of time, you could consider pawning it for a hassle-free loan. If you need cash quickly, leave your car with a lender and you could receive an on-the-spot cash loan depending on the car’s market value. You will get your vehicle back after you’ve paid off your Pawn Loan. Remember, you will need to own the car in full and be able to present its registration papers to apply.
2. Bikes, Boats and Caravans
Many Pawn Loan providers also accept other vehicles like a motorbike, boat or caravan. You can borrow quite a bit of cash leaving these assets as security with a Pawn Loan lender. As is the case with cars, your bike, boat or caravan will be safely stored, it will not be used during the loan and you’ll get your bike back once you’ve paid it back in full.
3. Luxury Watches
Luxury watches are a valuable asset that many people have in their possession and are sometimes overlooked when considering a Pawn Loan. You can unlock the value of a luxury watch’s value by using it as security on a Pawn Loan. The amount you can borrow with a high-end luxury watch Pawn Loan depends on its market value and many lenders will offer you a free online valuation.
If you need fast cash, one option is to pawn valuable jewellery. Gold or diamond jewellery generally have a higher worth and could be used as security for a sizable amount of cash. As jewellery is not something you require on a day-to-day basis, it can be a good option to leave as security on a Pawn Loan.
Other assets that you can pawn for a quick loan include jet-skis, trucks and even a forklift. Now that you know about valuable items that you can pawn for quick cash, be sure to utilise your assets and valuables in your time of need.
If you’re located in Sydney, look no further than Cashify to pawn your valuable items. Visit the website to find out more about their Pawn Loans up to $500,000!