Pawn Guitars for a Secured Loan
When we need fast cash, we usually know exactly what we can get money for. Our Phones, Computers, Jewelry, Gold, and Electronics are what first come to mind. Although what we often neglect to consider are items we have, but we did not realize they hold value. Just because you have guitars doesn't mean that you'd think "I can pawn guitars for cash". Because they were either a gift, or used to be a way to hang out in the garage with your friends. You might think they only hold sentimental value or nostalgia of your past. Therefore, the guitar continues to be overlooked for it's ability to be utilized for lending. Why do away with a necessity, like your phone, when you have a place to pawn guitars Scottsdale trusts? You can get the fast cash you need for a secured loan at North Scottsdale Loan & Gold.
How Do I Pawn Guitars?
The process is fairly simple and fast. So consequently, you could be in and out of our Scottsdale store in less than five minutes with a few hundred dollars in your pocket.
It all starts with a valuation of the guitar. First, we need to verify that any or all accessories it came with are with it. Then we need to verify that everything is in good working order. After that, we will also examine the exterior condition of the guitar. Because its aesthetic appeal carries a good portion of how much we can lend. As a result, we’ll calculate its resale value and make you an offer for a pawn loan. For more specific information, please visit our Pawn Loans page, but the process itself is nice and easy.
Will You Accept Any Make or Model of a Guitar?
Absolutely, positively, yes. We’re so happy to make pawn loans, and give fast cash when you pawn guitars. Bass guitars, acoustic guitars, electric guitars, we will make cash loans on all of them! Our associates always do the most they can to ensure you’re getting the most cash possible to pawn guitars. Our goal is to help you meet your financial needs, and lend you the cash needed then and there. Here’s just a small sample of the various different brands of guitars we’re happy to make pawn loans on:
Pawn Guitars for a Short-term Loan
If our cash offer is accepted for a secured loan, we will need a few signatures and a valid Arizona ID to complete the loan. Once all of that is said and done, we hand you the cash agreed upon and you will be on your way. Meanwhile, we will store your guitar in our secured vault, which is where it remains while the loan is still active.
You are welcome to satisfy the loan (principal plus accruing interest) at any time of its duration. If you satisfy the loan prior to the end date, we will pro-rate the interest to that date, which lessens the total owed. There are never any penalty fees for early payment.
With pawn loans, there is no payment plan set up, besides the day the contract expires. Although you can make payments towards it throughout the 90 days if you choose. Just make sure the payment not only pays the interest accrued thus far, but also puts money towards the principal as well.
If at the end of the 90 days you find you are unable to pay the loan in full, we do have an option. With paying only the interest accrued, we can extend your loan for another 90 days. If this is not plausible for you, you can relinquish the guitar to the store, ending the obligation to the loan.