Collateral Loans & Pawn Loans
Fast collateral loans without credit or employment verification. Get a loan in 15 minutes or less at NYC Luxury Pawn Shop. All loans are secured by your pledged collateral which is appraised by in-store Pawnbroker. You pay a low interest amount only on the amount you borrow and for the term of the loan. You can pay-off your loan at any time and recover your collateral immediately. Collateral Loans require no credit, no income verification or proof of employment, only a qualified collateral. All loans a confidential, discrete and secured.
Need help with understanding What is Pawn Loan and How it Can Help You?
Starting at 0% Interest the first month
Ask our Pawnbroker if your loan qualifies.
NO CREDIT CHECK
NO INCOME VERIFICATION
NO JOB NECESSARY
3 Easy Steps To Getting A Collateral Loan
Bring In Your Valuables
WE ACCEPT:
Jewelry, Luxury Bags and Fashion, Art & Collectables, Memorabilia and more
We Appraise Your Items
WE PAY MORE!
You Get Cash On The Spot!
Collateral Loans are the fastest and most convenient method to access cash.
What's My Stuff Worth?
Self online calculator will help provide an estimated loan amount in which you can cash at our store.
Want To Sell Your Valuables?
We pay top dollar for jewelry and luxury valuables. Click below and see how much cash you can get today.
Collateral Loan Terms
Collateral Loans are provided at 0% for the first 30 Days if the loan repayment is 4 months (borrower must keep the loan open for 4 consecutive months in order to get the first month at 0%). Collateral Loans for up to 4 months are charged a rate of 4% per month. Collateral will be charged a fee not to exceed 1% of total value for the purpose of securing and storing items in a vault. Loans can be paid-off at any time during the loan term at no extra charge. We will only charge for time in which the loan had a balance outstanding. All items will be returned to the borrower in the exact condition received after the loan balance has been paid in full. We hold the right to sell the collateral if the borrower fails to repay the loan as agreed. The minimum repayment term is 0 days and the maximum is 120 days. The maximum loan term is 120 day. It is not required to pay the entire loan in-full within 60 days.
If you borrowed $100 for 30 days you will owe $103.00 on the 31st day.
Example 2 :
If you borrowed $100 and made a payment $50 during the month, than on the 31st day your balance will be $51.50
Example 3 :
If you borrowed $100 for 90 days and made no payments during such time than, you will owe $109.00
Example 4 :
If you borrowed $100 for 120 days and made no payments during such time than, your balance will be $109.00 (that is due to promotion of 1st month no interest if you keep the loan for 120 days)
NOTE: Interest is computed based on the principal balance of the loan at the end of each period (30 days). We do not charge interest on the interest amount added to the loan. See example 3 and 4 above.