|
|
One of the best Miami pawn shops to
visit for security and guarantee of safety in acquiring a short-term loan
is Cash Inn Pawn Shop. Accepting
almost any item of value as collateral for payday loans (including tools,
guns, cameras, stereos, TV’s, VCR’s, and jewelry, just to name a few),
Fast Cash provides a quick, easy solution to the need for a short-term
loan.
How do payday loans work at Miami
pawn shops? Cash Inn Pawn
will offer up to $300 in advance of your next paycheck in return for
collateral. The amount of the
loan is a percentage of what Cash Inn Pawn believes they could sell your
item or items for, so if you default on the payday loan, they still have a
source of payment available to them.
All you need to apply for your
short-term loan is valid identification, proof of address, and an item of
value to use as collateral. Use
the short-term loan as needed to make bill payments on time, and receive
cash for your items with no credit check.
Upon repayment of payday loans, your items are returned to you in
the same condition.
How can Miami pawn shops afford to
make these payday loans at such a high risk?
The collateral guarantees that the pawn shop has a source of
income, regardless of whether the payday loan is repaid. Also, statistics show that 70-80% of all payday loans are
repaid, which means the pawn shop makes money off the interest.
Cash Inn Pawn has over 70 years of experience and
has been in the same location for 40 years. They are a member of the Florida Pawnbrokers Association, so
they are a trusted source of short-term loans.
Payday loans are often for 15-30 days but are extendable.
There is a gemologist on the premises, which is rare at Miami pawn
shops, and all jewelry sold is insured.
Fast Cash is a great source of help when you need money in a hurry.
New! Paycheck loans now easy
to get online!
Online cash advances now available
|
