All of our collateral loans are four-month loans with a generous ten-day grace period. Our interest rates are based on the value of the loan, and they’re always state regulated. We issue you a loan ticket that contains all of the relevant information about your loan terms, so the process is fully transparent. We hold on to your gold or jewelry until you repay the full loan within the four-month timeframe. If you fail to repay the loan on time, we keep your items as repayment. This makes collateral loans a good option for those who are fearful of damaging their credit score, as failure to repay does not affect your credit. If you do repay the loan in full on time, we will return your items to you at your earliest convenience. We also offer the option to renew your loan, which can be done by paying the entire interest owed.