“There are lots of ways to put some additional money in your pocket, but a LaBosco’s loan can be one of the best.”
How it works: A pawn shop loan is a collateral-based loan. The loan is secured by an item of value that the pawnbroker is interested in. When you take out a pawn shop loan, the pawnbroker holds on to the item you bring in and offers you a loan in exchange. When you repay the loan, you get the item back. When you apply for a loan, you’re able to get the money you need very quickly. There’s no long approval process, and you get to walk out with cash in hand that same day. LaBosco’s is the easiest and fairest pawnbroker in Volusia County. Stop by today and we guarantee you’ll leave satisfied!
Pawn Loan Benefits: There are lots of reasons to take out a pawn shop loan instead of another type of loan. No credit check is required when you take out a pawn shop loan. This makes them a great option for folks who have low credit or no credit at all. If you aren’t able to repay the loan, your credit score won’t take a hit. This is a great source of relief for many people, especially those who are trying to rebuild their credit scores. Pawn shop loans have much lower interest rates. The average interest rate for pawn loans in the U.S. is 15 percent. By comparison, the average interest rate for a payday loan is nearly 400 percent!
Things to know: Every pawn shop works a little differently. LaBosco’s makes it easy to get the money you need and feel comfortable doing so. Most loans are issued for items like jewelry, rare coins, firearms, tools, electronics, and musical instruments. Consider the loan amount you need before you seek a loan offer. The offer will be a percentage of the value of the item you bring in. After you agree to the loan terms, you’ll receive cash on the spot, along with a pawn ticket. Your pawn ticket includes all the information you need to know regarding your loan. We do our best to stay in touch with our customers and confidentiality is always assured.