When you are trying to come up with a bit of money to pay the bills, finding something that will bring in enough to pay the bills can seem like a complete pipe dream. However, there is an option that most people never think of. If you own a vehicle, jet ski, boat, or anything that can be used for transit. This option is a short term pawn, that will get cash into your hand right away, without having to do anything other than sign a few papers and then bring in the vehicle.
The amount that different companies give can range from $500 to $100,000, depending on the value of the vehicle being pawned. Obviously, vehicles that have a higher value, are going to bring in a higher amount of pawn value as well. However, the ability for these companies to give differing amounts depending on the value of a vehicles means that everyone, even people with older models are able to take advantage of these offers.
Once the paperwork has been completed, there is nothing more to do. There is no need for a credit check, so people with bad credit are able to do this. There are no calls to your work, so you don’t have to worry about your boss knowing that you are struggling. The vehicle that you have put down as collateral is all that is needed to secure the loan. This is something that may make it appealing over any other type of loan, and that makes it much more accessible to people from all economic backgrounds.
Most companies allow most of the information to be filled out online, making it so that you don’t have to go into the physical location until you have been accepted for your pawn loan. This allows you to make everything work around your schedule, and to ensure that you will get your answers in a timely manner. There is no waiting around for hours just to talk to someone, and most transactions are done in less than an hour. This makes it an ideal option for someone who is busy all the time or for people with small children that may not deal well with waiting.
Once everything has been filled out and approved, there are just a few more steps. IDs need to be brought in and verified, the physical vehicle needs to be presented, and the paperwork needs to be physically signed. Most of the time the vehicle will be stored on the premise, with a high level of security being guaranteed for all vehicles.
Once the pawn loan has been paid back, the vehicle will be released back to you, in the same condition. The secure storage makes sure that nothing will happen to it while repayment is being made.
In terms of recommendations, hockyourride.com.au, is one of the best options available. Their website motto is: Cash Loans for Cars – Gold Coast, Brisbane & Sydney Car Pawnbrokers. There are several others in Australia as well, with varying levels of security and online access.