When you need cash and you cannot wait until the next payday, there are various options you can take. For starters, you could ask a friend or family member if you could borrow money until you get paid, but friends and family members do not always have the amount of money you need right away. Secondly, you could apply for a loan with your local bank, but there is no guarantee that you will be approved for that loan. If you do get approved for that loan, you could end up paying on it for years. Another option would be pawn loans with EZ Pawn.
Many individuals choose EZ Pawn when they are in need of cash right away. They currently have stores in eleven states as well as in Mexico. In select states, they are offering signature loans through their EZMoney loan services.
When you visit one of the stores, the friendly staff will help you get the money you need or a great deal on a purchase. A pawn loan is secured by the item you own. In order to obtain the money, you will need to leave the item with them. Unfortunately, if you do not pay the money back to them, they will get to keep the item. You can avoid this by making sure you pay that money back to them. Once the money is paid back in full, you will be able to take the item home.
You can bring anything of value to the shop. Some examples of the items include firearms, televisions, computers, jewellery, tools, instruments and much more. They will keep your items safe, in the back, until you pay the money you owe.
The amount of money you will be borrowing will all depend on the value of the item you are pawning. They will look over the item before handing the money to you. If the item is a laptop, they will need to be able to turn the laptop on. If it has viruses, many will not take it.
You will have a certain amount of time to pay the money back. Many will take weekly, bi-weekly or monthly payments. The amount of time you have to pay the money back will all depend on the state law. In some states, you will have the option to renew or extend it.
During your visit to the pawn shop, you will need to bring a valid photo identification with you. You will not be able to get money, unless you have that identification. If you wish to sell the stuff, which means you will never get it back, you may receive a higher payment. This company pays high dollar for top of the line items.
In some areas, you may be able to get a signature loan of up to one thousand dollars. This is a fast and convenient option. At the store, you will be required to fill out a simple application. If you are applying for the signature loan, do not forget to bring a recent phone bill, bank statement, ID, pay stub and a voided check.