Jewelry Loan or Jewelry Sell? That is the Question.

When it comes to the items that mean the most, many of us cannot bear the thought of parting with them, especially if the diamond ring, jewelry, or artwork has sentimental value. However, life happens. Under these circumstances, it can become incredibly hard to hang on to those things we hold dear.  

These are the times when the pressure is high, we are forced to make tough decisions. We can take our items and put them online, try selling them to a friend, or overextend ourselves with our credit cards. However, with each of these options, there are risks involved. There is something to be said about meeting someone at night in a parking lot to sell your diamond ring and hope that everything goes well. 

No one wants to run the risk of being scammed, taken advantage of, or worse. These are all very real possibilities. As much as we’d like to trust we’ve taken the necessary security measures, still, things may slip through the cracks. 

It’s understandable that navigating the collateral loan industry can be difficult and frustrating if you do not know it and if you do not know the questions to ask the company providing the loan. Instead of having to sell your items, there are other ways to hold on to your assets and receive the money you need in the form of a loan against your asset. Most individuals that have chosen to get a loan on jewelry are pleased with their decision. 

Collateral Loan Benefits

Allow us to introduce you to the collateral loan. Using this option, you can acquire the finances you need without negatively impacting your credit, risking your personally identifiable information (ala social security number), or parting with your most cherished items. 

A collateral loan is a type of loan that is established to facilitate you borrowing money against your possessions and making payments until you can pay off your loan. 

With a collateral loan, you have no penalties for paying it off early and getting your item back. If you need to take out a loan for longer than 4 months, all you need to do is renew the loan. 

Instead of selling your item to a stranger or losing it and regretting it forever, there exists an alternative. It is fast, discreet, and confidential. If you choose to get a loan on jewelry, there is absolutely no stigma attached and you do not have to give up something that is important to you.

Summary

Why not make the decision to borrow money with an engagement ring loan or another form of jewelry loan instead of selling it? Choosing to enter into a loan with us instead of a typical diamond pawn has numerous benefits. 

Typically, most pawn shops will only provide you with a fraction of what your item is worth, However, we guarantee you’ll receive up to 90% of the commodity value. 

Whether you’re looking to put money away for the changing seasons or you’re in need of relief from crippling medical bills, our experts are here to provide you with the help that you seek. 

Here, at Vasco Assets, we have a heart for our customers. We understand how necessary it is to have access to extra finances when you need them the most. Discretion and security are our top priorities. 

Our in-house jewelry buyer is one of the top professionals in his field so you can count on his evaluations to be accurate and your assets will be fairly valued and fully protected. 

You’re guaranteed to receive higher loan values with us than most because of our years of experience and commitment to fairness and excellence. 

Even the most high-end pawn shops are not your best bet when it comes to cashing in on your valuables. Pawnshops deal with a variety of goods, whereas our team specializes in the highest quality of luxury items. 

Instead of parting with your watches, rings, and other assets, a collateral loan will set you up for success and provide you with a much-needed sigh of relief while not committing to the finality of a sale. 

About the Author

Vasco Assets Inc. is a privately held international investment firm located in Newport Beach, California. Vasco Assets has over 35 years of industry expertise from investing, lending, buying and selling of luxury items to collaborating with charities in developing custom offerings and much more. At Vasco Assets, we create and cultivate long-term, multi-generational relationships with our clients.

Vasco Assets’ diversification in the global economy helps maintain our position as an independent international institution that is not subject to the fluctuations in the market conditions. In recent years, we’ve been making significant investments in our patent-pending technological platform and applying them to lending, investments, and fostering our client relationships.