Pawn Shops Online

Author: BlancheLael70 | Posted: 18.06.2012

You've most likely seen pawn shops online when you need to pawn off an item and there are no brick and mortar stores in your area. Fact is that these online resources are better than the local stores that are available to some people. The need for fast cash in a bind with a low interest rate is no unusual situation, iPawn realizes that. If you've never used pawn shops online before, you may be feeling a little bit insecure about executing a transaction where you have to send an item out to receive a loan. Here are 3 reasons why you should try iPawn when you need cash.

1) Low interest rates - When you need cash fast, your only option is normally payday loans. These interest rates will have you paying more than double what your loan amount was initially, which can have you taking more than a year to pay off a $500 loan. Brick and mortar pawn shops charge you around 17% for a loan after all of the fees that are included. Pawn shops online such as iPawn offer you loans with interest rates as low as 1%, so you can pay the loan back fast and get your item.

2) Free Shipping - You don't need to pay to ship your product to pawn shops online. You'll be instructed how to ship your item out via FedEx courier, with constant access to tracking so you always know where your item is. This essentially brings down the cost of your loan even further than you initially thought.

3) No Credit Check - It's all about the valuable item that you've traded in in exchange for the loan. Simply send in the item and pay the loan back when you've got the money. Your item remains secure and in an pawn shop's possession for the allocated time of the loan with nothing to worry about.

Save yourself the hassles of payday loans and the troubles of needing good credit to get the money that you need. Pawn shops online are the best way to get money fast in exchange for your valuables or jewelry.

Article was printed from http://www.articleside.com/shopping-articles/pawn-shops-online.htm
Click here to return original format