Introduction To Pawning

When times are tough and your finances are getting the best of you, there is a way to help make ends meet. Pawning has been used since the 15th century as a way to get a cash loan against an item of greater value. This system allows for financial stability without high risks or consequences. Today, the pawn industry is regulated almost as much as financial institutions but is more streamlined and accomodating in comparison. This article is to inform people about the pawn process and how to get a collateral loan.

Conventional banks and finance companies rely on credit worthiness, employment, personal income tax history and a variety of other factors before you are qualified for a loan. If any of these conditions are unsatisfactory then you may be disqualified. These institutions have interest rates that fluctuate with the market and penalties for late or lack of payment on a loan. Getting a loan this way will put your credit score at risk and cause you to possibly accumulate debt. Some people may not have good credit or even a job but still need financial help. Pawnshops provide a way for people in similar situations to make ends meet. With pawnshops, there is no credit check, you are not required to be employed, and your taxes are your business. If you are over the age of 18 and have a valid state ID or passport, you can legally conduct a pawn transaction.

Pawnshops rely on items of value for collateral to obtaining a cash loan. Acceptable items include but are not limited to jewelry, gold, silver, platinum, Rolex watches, modern electronics, tools, sporting goods, game systems, automobiles, watercraft, etc. Whether or not your item has any value will depend on the particular pawnshop. There are many shops that specialize in certain items and not all are the same. Once you know your item has value, take it to your local pawnshop so it can be properly evaluated as far as functionability and condition. When a value is agreed upon, there will be a pawn form filled out requiring personal identifying information and descriptions of the items being pawned with monetary amounts. This form is a legally binding contract between the pledgor (person pawning) and the lender for the collateral loan and all amounts discussed. Be sure to notate the active dates of the pawn because there is a certain amount of time that the contract is valid. As long as the pledged goods are in pawn, there is a service fee. In order to renew the contract for another month, the service fee must be paid and a new contract signed. When the pawn is ready to be picked up, the principal and interest is paid to the lender. These are just the basics but you can find additional information as far as laws and regulations by visiting the National Pawnbrokers Association website at www.nationalpawnbrokers.org.

Check Us Out!
www.tbgoods.com

Affordable Gold & Jewelry Investments

Giving and buying jewelry can be a very expensive ordeal if you don't know where to look. Gold jewelry is a great investment and doubles as a beautiful accessory to any outfit. It's also a great gift for a loved one or friend. The price of gold on the market has skyrocketed but it isn't too late to get in on the game of investment. Buy now and your investment will grow with time.

Many people are hesitant to look at what pawn shops have to offer but if you're in the market for jewelry then pawn shops like ours should be your first stop. At TB Goods, we stay up to date with the market values of gold and silver because we use this information on a daily basis. We buy and sell precious metals every day. With that in mind, our prices for jewelry are relatively affordable with a low markup compared to Kay Jewelers or Overstock.com. You can save 50%-75% off retail prices on what you would pay elsewhere by making your purchase with us.

TB Goods also offers layaway where you can make payments on jewelry for up to a year which makes purchasing more affordable. In the event the price of gold increases, you can secure your investment by putting jewelry on layaway and buying it at last year's prices. We offer layaway any time of the year where some stores might not offer it at all.

We have an assortment of jewelry from antiques and collectibles to trendy pieces for all ages and genders. Great prices on Tiffany jewelry, silver and platinum as well. If you're looking for Masonic pieces, we have unique masonic rings and necklaces. Keep us in mind for gold watches and Rolex as well. For up to date information on some of our jewelry pieces, check our Ebay store or drop by one of our store locations.

http://stores.ebay.com/TBGoods

http://www.tbgoods.com/

Down At The Pawn Shop

History channel and other cables stations have been airing shows about pawn shops so we decided to start a blog. We are a pawn shop located in Gaineesville, Florida and have been in business for approximately 17 years. We just recently opened our second location in Alachua, Florida in June 2010 and hope that it's opening will be well received and that we will flourish in this developing town.

Pawn shops, for most of history, have been received by the community as a scary place to be where the corners are cobwebbed and decor is in need of a woman's touch. Glass is dirty and floors have piles of used items with limited shelving. Men run the place and are rough necked and greedy.

Well, sorry if we can't live up to your image, but we at TB Goods like cleanliness, organization, good lighting, and women. We have a staff of men and women who keep the place looking sharp and eager to help anyone who walks in the door. Our eagerness is not for your money but to show you what cool things we have and talk about football or the weather. We are a friendly group who don't want to scare you!

Come and look at all the cool things we have! How about a Gibson Les Paul Guitar or a diamond covered platinum ring? It's all more affordable than most stores and in great condition. Why buy anything at retail prices when you can get it cheaper in our store? Great unique items that are truly one of a kind. Do you like games? We've got a wall full of them ranging from Playstation to Nintendo and Xbox. We even have classics like Super Mario on SNES.

We also have an Ebay store where we showcase most of our unique items but anyone can stop in either of our store locations to truly experience what we are all about...