What to Expect When You Decide to Pawn your Jewellery

Your jewellery is important to you, so making the decision to pawn it for a loan takes some careful thought and consideration. Like any other new experience, you will want to know what to expect in order to avoid surprises along the way.

Here’s what you can expect when you decide to pawn your jewellery:

Expect an easy process

One of the main draws of pawnbroking is that it’s much easier to secure than other forms of lending. There are no credit checks required, no lengthy forms; all you need to provide is a form of ID, along with your jewellery of course. The whole process is straightforward and stress-free, which is just what you want when it comes to borrowing money. 

Expect affordability

Generally, pawnbrokers’ interest rates are much more affordable than other methods of securing loans. There are no hidden costs involved either, and in the unlikely case that you are unable to repay your loan, the jewellery may be sold to make up the balance. However, we try to make it as easy as possible to pay back your loan and there is rarely an occasion where our clients do not reclaim their jewellery.

Expect the loan quickly

In most cases, your loan will be secured the day you bring your jewellery or arrange postage to us. There’s no waiting around to receive your loan – you’ll be able to have the cash transferred to your bank instantly.

Expect a flexible loan

Here at Cuttings, we have a loan period of six months with no minimum payback period. So, if you are able to pay back your loan before six months, you will only pay the interest accrued to date. If you would like to extend the loan period, you can pay the interest at the end of the six months and we’ll give you another six to repay your loan.

Expect your jewellery to be in safe hands

Your jewellery is precious, both in sentimental and monetary value. The last thing you want is to be worrying about its safety during the course of your loan. When you decide to pawn your jewellery, you’ll be pleased to know that we take safety seriously. Your belongings will be kept in a high-security safe and protected by a number of approved security systems.

Expect friendliness

The Cuttings team prides itself on being welcoming to all who walk through our doors, treating our clients like family. We are a family run business after all! Whether you’re nervous about the process or have any questions before you make the decisions to pawn your jewellery, we are here to help. Don’t be afraid to ask as many questions as you like before choosing to submit your jewellery into our care.

We hope you now have a better idea of what to expect if you decide to pawn your jewellery. If you would like any more help or advice, don’t hesitate to get in touch with us.