Designer watches: preloved vs new
Florida Pawn
by Maisum Walji
3M ago
Purchasing a designer watch can be a big investment especially if you like some of the high-end brands that carry the big ticket price tags. So why not save yourself some of the money and invest in a preloved designer watch instead? Why choose a preloved watch? Preloved watches in most cases are less expensive than what they were when they were new. There are a few exceptions of rare and sought-after watches that are investment pieces that can increase in value. So you can often get a great deal on a preloved watch and one of the better places to look is in a pawn shop. Designer watches and je ..read more
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Money in eyewear: sell your designer sunglasses
Florida Pawn
by Maisum Walji
3M ago
Could you have unwanted or unused items sitting around in drawers that could raise cash for you? Many of us could do to raise some extra money and selling those items that we won’t miss can be a great way to raise some cash. But which items might raise you the most cash? We often think of jewelry and watches but other items with less sentimental value might be more suitable to sell like designer items like handbags and sunglasses. Why choose to sell designer sunglasses? Designer sunglasses are a popular accessory with ever-changing trends, so they are often discarded to a drawer in favor of a ..read more
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Understanding how pawnbroking works
Florida Pawn
by Maisum Walji
5M ago
If you don’t know how a pawn shop works then read on to find out more and how pawnbroking can help you raise some cash from the items you have lying around. First what is pawnbroking? Pawnbroking is a name given to a lender who provides loans that use items belonging to the individual as security for the loan, known as collateral. They can sell the item to recoup their losses if the loan isn’t repaid. The loans available are normally short-term loans. How do I pawn an item? Pawnbroking is fairly simple and quick compared to other loan types available as there is not much paperwork to complete ..read more
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Finding the right loan: What are installment loans?
Florida Pawn
by Maisum Walji
5M ago
Finding a loan that matches your needs can be confusing as there are so many loans available in the market and so many names. As one of the most common loans in the market, we thought we’d explore installment loans and explain more about them. What is an installment loan? An installment loan can be known by various names which include personal loan, term loan or short-term loan. An instalment loan is very much as it sounds a loan that is repaid in installments. The borrower receives a lump sum upfront that they repay in regular fixed amounts over an agreed period of time. Installment loan repa ..read more
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How old do you have to be to get a loan?
Florida Pawn
by Maisum Walji
6M ago
In the United States, you have to be over the age of 18 to legally sign for a loan unless it is a student loan. The same applies to pawn shop loans and this can’t bent for any reason because: A person classed as a minor (under 18) is not allowed to sign any document that can be used as a legally binding contract in the United States. All pawn shop loans involve a legally binding contract to make them above board and certified and therefore they are not available to under 18s. If a person under 18 did sign a contract for a loan under false pretences then the contract would be null and void on ..read more
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How do pawn shops decide their prices?
Florida Pawn
by Maisum Walji
6M ago
Is it a fine art, finger in the air or a crystal ball technique that pawn shops use to decide their prices? Well, it’s a lot more detailed than you might think and probably closer to a fine art. So many different factors can impact the value of items that careful consideration and research can be needed to determine the value of items. When you think about the wide array of items that feature within a pawn shop and how much knowledge must be needed to know about all those items, there can’t be a simple approach. Some items might need a different valuation approach to ensure that the valuation ..read more
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How to raise $500 from pawning items
Florida Pawn
by Maisum Walji
7M ago
 We all need to raise some quick cash now and then and one of the fastest and easiest ways to get a loan is a pawn shop loan. With the choice of pawning or selling your items at a pawn shop, you have two great ways to raise money. But what items can you sell and what will help you to raise $500? Pawn shops handle such a wide range of items but here are our top 10 items that could help you raise $500: Jewelry is one of the most popular pawn items as they are small and easy to sell. Popular items include watches, rings and necklaces but most jewelry is suitable if it's in good condition. S ..read more
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Guide to buying a used smartphone
Florida Pawn
by Maisum Walji
7M ago
Not all of us can afford to or want to spend large amounts of money on a new smartphone when we need to upgrade or replace a lost/damaged smartphone. So, could a used smartphone be the cheaper and better option? Buying a new smartphone is a big investment with the average price of a smartphone costing around $823 and high-end models costing much more. So, if you don’t want the latest model or the pricey tag that goes with it, then a used smartphone is a good option, but how do you know you are getting a good deal? Tips for buying a used smartphone Buying electronic goods especially when they h ..read more
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Why buy and sell designer sunglasses at a pawn shop
Florida Pawn
by Maisum Walji
8M ago
Here in Florida, we love our sunglasses, but they are not just an essential item, they are a fashion statement. Sunglasses can be a classic statement piece which is why designer sunglasses are so popular, this is also the case in our pawn shops. Why buy designer sunglasses from a pawn shop? You may never have thought of buying designer sunglasses from a pawn shop before and may wonder why you would. The key benefit of buying from a pawn shop is that you are getting good quality items at a great price. As the items have been used they are cheaper than getting them new which can typically be 30 ..read more
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Personal loans: Why people are choosing a pawn shop loan
Florida Pawn
by Maisum Walji
9M ago
As financial pressures are increasing for many people, a lot of us are looking for ways to raise some cash to help pay the bills or fund those unexpected costs that we can’t afford. So where do you go for a personal loan? Many people are turning to their local pawn shops for loans but why are these types of loans so popular? There are many reasons why people are choosing a pawn shop loan over other loans, these are: Accessible to most Pawn shops won’t check your credit rating as they don’t mind what your credit score is or your income. Therefore, their loans are more accessible to more peopl ..read more
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