In need for a short term cash loan for personal or business reasons? If you hold an asset such as gold or silver bullion and wondering where you can go to sell gold bullion or loan against these item’s then look no further. There are professional companies located in Melbourne Australia which will buy or lend money against gold or silver while making the process simple and easy for you. A gold pawnshop such as Cash for Old Gold is easy to access, centrally located, offer instant cash for all types of gold or loans within minutes. Have a bad credit rating? No matter the pledge is taken against your gold or silver items.
Cash for Old Gold loans against, gold bullion, gold coins, gold jewellery, gold watches and even damaged gold which is out of fashion. Many people can benefit by the concept of gold pawnshop since getting loans was never so easy before.
Getting cash in hand if you want to sell gold bullion is simple. Bring your gold or silver bullion items which will be assessed and valued in front of you, Cash for Old Gold will be offer you the maximum amount of cash possible against those gold or silver items. Although there aren’t a lot of formalities, you still must bring your ID for proof of ownership and for government regulatory requirements. Cash for Old Gold is a leading gold pawnshop.
If you haven’t gold bullion to sell you can also sell your unwanted gold jewellery. There are different carats of gold jewellery. Nine carat, fourteen carat, eighteen carat and 22 carat gold are most common. The percentage of gold in these types is 37.5%, 58.5% and 75% and 91.67% respectively regarding purity. Sterling silver contains 92.5 % of silver and 7.55 of other metal. 99.99% gold or silver is what investment grade bullion is made from. For jewellery 99.99% gold or silver is too soft and the jewellery wears; so silver mixed with copper or other elements are mixed in for durability.
Cash for Old gold will give you a gold loan against any of the above mentioned items or purchase them outright from you.
The advantages of obtaining a loan from a gold pawnshop like Cash for Old Gold are the low-interest rates, especially compared to traditional pawnbrokers. Also you can get instant cash on the spot.Deal with a team of trained professionals in a comfortable and secure environment. If you don’t want cash, then other payment options are available.
Cash for Old Gold offers different loan terms. The most common term is one month. This loan term could be extended by paying one month’s interest. Interest is based on the amount pledged against your gold and silver items and is charged on monthly basis in arrears. So you are aware, in the event you are unable to pay the interest against the gold or silver pledged those items will be sold but only as a last resort.
However, if you really need the money for an emergency or the gold price is right it’s not recommended that you take out a gold loan. Sometimes you should let go and sell gold bullion for cash to cover that unforeseen emergency.