What is Acceptable Collateral for a Loan?
If you’re a Tustin resident in need of quick cash, you can get the money you need same-day with a collateral loan from Watch & Wares. With collateral loans, you don’t need to undergo a credit check, and repayment will never affect your credit score. Instead, the items used as collateral will be kept by the lender if repayment isn’t made on time. Many Tustin residents prefer collateral loans over any other type of loan because it’s low-risk and you’ll receive the money instantly. However, what items can be accepted as collateral is often unclear and varies widely between lenders. When you visit Watch & Wares, here are the items that we can accept as collateral for a collateral loan.
Fine Jewelry
When finding a trusted jewelry loan expert, it’s not enough to simply Google “jewelry loans near me” and pick the top result. When it comes to a sentimental and valuable item such as gold or diamond jewelry, you want to find a lender that is trustworthy and will offer you the most for your items. Watch & Wares accepts all kinds of jewelry pieces as collateral, including antique jewelry, estate jewelry, contemporary designer jewelry, and more. Our team of experienced appraisers have worked at brand names such as Tiffany & Co., so they can give you some of the most accurate appraisals in the industry. We offer highly competitive rates that will get you the cash you need right away.
Designer Watches
If you have a Rolex watch that you need to loan for cash, come to Watch & Wares. We accept Rolexes, as well as all kinds of designer watches, as collateral for a collateral loan. We know how meaningful it can be for someone to purchase their first Rolex or Patek Philippe, so a collateral loan from Watch & Wares allows you to keep ownership of your designer watch while still receiving the cash you need right away. As soon as you repay the loan, your Rolex will be promptly returned to you in the same condition that it was received.
Luxury Handbags
Many women enjoy purchasing luxury handbags not only because they’re beautiful, but also because they know that certain styles retain their value well over time. Designer handbags from brands like Chanel, Hermes, and Louis Vuitton can often have a higher current retail value than the price they were originally purchased for. This makes them a great asset for collateral loans. Watch & Wares accepts handbags from Chanel, Hermes, Louis Vuitton, Saint Laurent, Prada, Gucci, and more. If you have a valuable designer handbag that you’re not ready to part with, but you need cash right away, opt for a collateral loan from Watch & Wares.
Rare Art & Collectibles
Rare art and collectibles are a passion for Watch & Wares. We constantly strive to find the rarest, finest pieces in the best condition, so we happily accept rare collectible pieces as collateral for collateral loans. Items we accept include rare coins, fine art, Fabergé eggs, Tiffany silver, and much more. Make an appointment with one of our appraisal experts in order to determine whether your rare collectible is acceptable collateral and what the loan value of your item would be.
If you’re looking to use your gold jewelry or other luxury goods for a collateral loan, stop Googling “jewelry loans near me” and instead visit the Tustin experts in collateral jewelry loans. Watch & Wares accepts all kinds of fine jewelry, designer goods, and rare collectibles as collateral, so you can get same-day cash with any of your valuable accessories. Give us a call today at (714) 731-9600 to schedule an appointment for a free, no-obligation appraisal with one of our experienced staff or expert gemologists.
