A timeless piece of jewelry is a luxury. Here at Watch & Wares, we believe that one-of-a-kind pieces are worth the investment. While not everyone is ready to invest right away, we have created a jewelry loan program to best suit the needs of our customers. With multiple ways to approach your loan, we can help you find the perfect payment solution so you can walk away from Watch & Wares with your classic jewelry item.
Why choose Watch & Wares for your jewelry loan?
Watch & Wares has integrity that only 25 years of service can deliver. As a family owned and operated business, we offer quick and easy loans at competitive rates. We treat each of our customers with respect, and all transactions are discreet and confidential. We are also a licensed pawnbroker, so you can feel confident in our ability to give you the level of service you deserve.
How does it work?
We loan money for gold, jewelry, and other items, as well as loan money based on collateral. The process is simple, so there’s no miscommunication or hassle. First, Watch & Wares will evaluate your items you’d like to use as collateral. Next, we will issue a 4-month loan with a ten-day grace period and an interest rate based on the loan amount. You will then receive a ticket with all relevant loan information, at which time we will hold onto your item as collateral until you redeem your loan within its specified time. You also always have the option to renew your existing loan by paying the interest.
Should I get a pawn loan or is it beneficial to sell my item?
Depending on your particular circumstances, you might need to decide between a pawn loan or selling your item. Ultimately, this is a personal decision. If you choose to pawn an item for a collateral loan, you get the cash you need without having to give away the item for good and without a credit check. With a collateral loan, our staff works with you to determine the loan amount. Your piece stays with us until it’s time to return, repay, and collect your item.
If you find that your collateral items have sentimental value to you, collateral loans will be a better alternative for you. On the other hand, if you don’t need the item, you should consider selling since you can generally receive more money. The most beneficial part of pawning the item for a collateral loan is that you have no obligation to repay it. Because you have provided a piece to secure the loan, failing to repay doesn’t affect your credit.
Watch & Wares provides the best loan options.
Because we are a certified cash buyer and licensed pawnbroker, Watch & Wares can provide simple, secure, and confidential loans on your collateral items with no income verification or credit checks. We can appraise your items in our store with no appointment and have historically offered higher values than our other Orange County competitors. If you’re looking to invest in your next classic piece, make sure to stop by our location here in Tustin. Please contact us if you have any questions. We are here to help.