Credit these days seems to rule our lives. It can affect everything from the home you are able to buy, what car you can drive, what jobs may rule you out, and of course the ability to obtain credit or a loan for personal or business reasons.
Your FICO score is held and judged by the three major credit bureaus. Equifax, Experian, and Transunion. They each tally their own score based on chosen markers which can include the length of credit, balance amounts, payment history, credit card use, hard inquiries, and derogatory remarks, as well as collections.
If your score falls below the median for whatever card application or loan you are trying to apply for you will not be approved. This can leave many otherwise worthy applicants in the dust and struggling. At First Pawn Jewelry and Loan of Naples and Lehigh Acres, Florida we do not believe this system is entirely fair. Nor do we believe that just because your score is currently low that you are a bad credit risk.
This is where the beauty of pawn lending comes in. What we offer are collateral-based loans. We do not run your score which prevents it from being dinged a few points with an inquiry, allowing your score to continue to be worked on, not damaged more by asking for assistance.
A collateral-based loan is exactly what it sounds like. You choose a valuable item or items, bring them into our shops for our experienced knowledgeable Pawnbrokers to valuate and we can make you an offer on the spot if they are things, we believe we can resell. It is as simple as that. We work with you to help get you the money amount you need, never pressuring you to take out more against an item than you need. Our goal is to have a happy working relationship with all our customers so you will come back time and time again.
Once an item is negotiated and you are happy with the amount and terms, a contract is written, and you are handed cash. There is no wait time or application.
Need cash? Come talk with us!